Ningbo Sunrise(SZ:002937)2022-11-21 15:48Company Overview - Ningbo Xingrui Electronic Technology Co., Ltd. was established in 2001, focusing on the manufacturing and R&D of electronic connectors, structural components, plastic housings, and embedded injection parts, primarily applied in smart home terminals, automotive electronics, and new energy vehicles [2]. Product Introduction - The company is committed to becoming a solution provider in the smart home terminal and global high-voltage connection fields for new energy [2]. Business Performance - In the first three quarters of 2021, the company achieved a revenue of 901.09 million yuan, with the automotive electronics and new energy vehicle business accounting for approximately 80% of total revenue [2]. - The company’s production capacity is planned to grow by 22.16% year-on-year, targeting a growth rate of 30%-40% [2]. Market Trends - The company is focusing on expanding its client base among leading enterprises in the new energy vehicle sector, driven by the trend of replacing fuel vehicles with new energy vehicles [2]. - In the smart home terminal sector, the company is leveraging opportunities from advancements in 5G, big data, and artificial intelligence, gradually expanding its product range from smart set-top boxes and gateways to smart security [3]. Recent Activities - Investor relations activities were conducted from November 23 to November 25, 2021, involving meetings with various financial institutions and analysts [2].