HCET(SZ:002729)2022-12-07 09:08Group 1: Company Development Plans - The company aims to expand production capacity to meet increasing market demand and enhance competitiveness against international manufacturers like Littelfuse and Cooper Bussman [2] - The planned production capacity for the new project is 960 million units per year, focusing on circuit protection components [3] - The funds raised from the IPO will primarily be used for expanding production capacity of various fuses and circuit protection devices [2] Group 2: Product Applications - The company's products, including fuses and self-resetting fuses, are widely used in various sectors such as home appliances, consumer electronics, automotive electronics, and industrial equipment [4] - The circuit protection components industry is evolving, with applications expanding into emerging fields like 3D electronics, smart grids, aerospace, and robotics [4] - The company is committed to researching new application areas and developing innovative products to maintain its competitive edge [4]