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Recent Breakthroughs in H&T's Market: H&T has successively won several billion-yuan level major projects across multiple business segments, including home appliances, automotive electronics, and power tools, encompassing both ODM and OEM projects. These achievements have made a positive contribution to the company's revenue.
Automotive Electronics Giant A's New Product Project
Recently, our company has been awarded a project by Automotive Electronics Giant A, with the contract value reaching several hundred million yuan. The project duration is set for 8 years and involves new product types. As per the agreement, our company will supply the relevant controller products to this client. This collaboration reflects the high level of trust that Client A places in H&T's technology and services. It will also provide a strong guarantee for our company to further expand our market in this product category and ensure long-term stable development.
Automotive Industry Client B's Panoramic Roof Controller Project
H&T has recently been successfully awarded the panoramic roof controller project by Client B, with the contract amounting to tens of millions of yuan. Client B is a global leader in variable color technology innovation, serving renowned automobile manufacturers around the world. This cooperation is not only a natural extension of previous projects with Client B but also fully demonstrates their high recognition of our products and services. It will further strengthen H&T's competitive edge in the automotive electronics field.
Global Home Appliance Giant C's Washing Machine-Related Project
H&T has successfully won the washing machine-related project from Client C. The project is expected to generate a revenue of approximately 250 million yuan, with a duration of 5 years. Once in mass production, it will have a stable and positive impact on the company's revenue. Furthermore, this project will also steadily enhance H&T's overall share in the washing machine product line of strategic client C.
H&T Successfully Expands into Global Leading Hot Water Control Manufacturer E
Recently, our company has successfully ventured into global leading hot water control brand E, with the anticipated procurement value of smart controllers expected to reach the billion yuan level. Client E owns multiple brands and holds 56% of the global market share, ranking first worldwide. This successful expansion into Client E's business further broadens our company's research and development product categories and accumulates technical expertise in IoT smart water control.
World-Renowned Home Appliance Brand F's Vacuum Cleaner Related Project
H&T has successfully won a vacuum cleaner related project from globally renowned home appliance brand F, with an expected annual production value reaching tens of millions of yuan. Client F is a highly reputed global home appliance brand. This successful bid for the project signifies a deeper cooperation with Client F in the vacuum cleaner product line and showcases H&T's research and development strength. It will create favorable conditions for the company's breakthrough in the small home appliance product line.
Global Leading Electronics Manufacturer G's Washing Machine Controller Project
H&T has been awarded the project for the fully automatic drum washing machine controller by Client G, with the contract amounting to several hundred million yuan. Client G is a global leader in electronics manufacturing, primarily engaged in providing advanced electronic technologies and system solutions for residential spaces, non-residential spaces, mobile, and personal consumer domains. The successful bid for this project marks the successful expansion of Client G's major home appliance business and will help the company achieve a milestone breakthrough.
Power Tools Industry Client H's Major Brushless Drill Project
Our company has successfully won a major brushless drill project from Client H, with the project value reaching several hundred million yuan. This project is expected to make a beneficial contribution to the company's performance in the medium to long term. Client H has consistently maintained a leading position in the development of innovative tool solutions. The successful acquisition of this project is conducive to further deepening our partnership with Client H, and will also lay a solid foundation for us to secure more platform-level projects in related fields in the future.
