FORYOU(002906)2024-11-27 13:28Group 1: HUD Product Development - The company has achieved a 21.2% market share in the domestic HUD market from January to September 2024, ranking first [1] - The company has launched a 5.1-inch TFT HUD for mass production and is advancing towards panoramic HUD technology [1] - New clients acquired since Q3 2024 include Great Wall, Changan, Chery, BYD, and Stellantis [1] Group 2: Domain Control Products - The company has diversified its cockpit domain control chip solutions, achieving mass production with significant sales growth in 2024 [2] - New orders have been secured from clients such as Chery, Changan, and BAIC, indicating a strong market demand [2] - The company has developed various integrated domain control products based on Qualcomm chips, enhancing user experience [2] Group 3: Overseas Market Expansion - The company is actively expanding its overseas market presence, with projects for international automotive clients increasing [2] - Products like wireless charging and HUD have been supplied to global clients including Stellantis and Volkswagen [2] - Future overseas business scale is expected to increase significantly [2] Group 4: Precision Die Casting Business - The precision die casting business has a compound annual growth rate of over 30% from 2019 to 2023 [2] - The company has established strong capabilities in precision mold technology and quality control, making it a competitive player in the industry [2] - The product line includes aluminum, magnesium, and zinc alloys, primarily used in key automotive components [2] Group 5: Business Layout and Development - The company has established new precision die casting production bases in Changshu and Huzhou to meet rapid business growth [4] - New subsidiaries for R&D and sales of automotive electronic products have been set up in Chongqing and Shanghai [4] - The company is collaborating with Japanese firms to establish overseas production bases [4]