Core Viewpoint - Huagong Technology (000988) is focusing on expanding its sensing business within the new energy vehicle industry chain, particularly in automotive sensors, pressure sensors, photovoltaic energy storage, and smart grid sensors, while leveraging its existing core competencies in smart home, automotive thermal management, and temperature control products [1] Group 1: Business Performance - The sensing business achieved a total operating revenue of 3.174 billion yuan in the first three quarters, representing a year-on-year growth of 13% [1] - The growth rate has slowed down primarily due to fluctuations in the industry cycle [1] Group 2: Strategic Focus - The company aims to enhance the application of its series of sensors in niche markets to expand incremental space [1]