Changgao NEET(SZ:002452)2022-12-07 09:32Group 1: Acquisition and Strategic Direction - The acquisition of Hangzhou Fute Technology Co., Ltd. aligns with the company's strategic layout, marking its entry into the new energy vehicle (NEV) industry, which is supported by national development policies [2] - Hangzhou Fute specializes in the development and production of intelligent charging devices, battery management systems (BMS), and intelligent balancing devices, with a strong market reputation among NEV manufacturers [3] Group 2: Future Plans in the NEV Sector - The company plans to focus on mergers and acquisitions in the NEV sector and increase capital investment in related fields post-acquisition [3] - The NEV industry is viewed as a significant growth area, driven by government support and societal demand for sustainable development [3] Group 3: Core Business Overview - The company's core product, the isolating switch, consistently ranks high in national grid tenders [3] - The combination electrical appliance, a new product post-listing, has gained traction, winning four out of five tenders from the State Grid this year, indicating a strong market position [3] - In 2013, the company completed all type tests for its complete electrical appliance products and obtained bidding qualifications from both the State Grid and Southern Grid, leading to its first successful order this year [3] - The company is actively expanding its market presence beyond domestic grids and into overseas markets [3]