DEREN(SZ:002055)2022-12-05 06:50Group 1: Business Overview - The company's operations are primarily divided into three sectors: home appliances and consumer electronics, automotive electrical systems, and automotive electronics including new energy vehicles. The automotive sector has surpassed the home appliances sector in scale [2]. - The company is focusing on the development of automotive business, particularly in new energy vehicle on-board chargers (OBC), which are recognized by numerous global first-tier brands, including luxury brands [2]. - The Chongqing factory has achieved mass production and delivery of OBC products, with plans to enhance capacity based on customer delivery requirements, positively impacting profitability as OBC business volume increases [2]. Group 2: Market Expansion and Product Development - The company aims to expand its market presence in Europe and domestically, targeting more international brands for product development and order acquisition [2]. - There is a strong emphasis on developing high-speed transmission connectors and integrating them into the automotive sector to enhance overall profitability [2]. - The company has a comprehensive layout for automotive wiring harnesses, covering traditional and new energy vehicles across various market segments, aligning with the trends of electrification and intelligence in the automotive industry [2].