Recently, CetC Chips Technology Inc. stated during a visit from institutional investors that their BeiDou short message module has achieved batch supply to a top car company and is actively being introduced to other well-known car manufacturers. The satellite and inertial navigation module has achieved batch supply, while products such as BMS dynamic internal resistance monitoring for new energy vehicle applications and power management are actively being laid out. The AEC-Q100 certification for auto industry-grade low-side electronic switches, which has been obtained, has achieved mass production delivery. Subsidiary Ruiping Industrial has passed the IATF16949 (Quality Management System for Automotive Parts and Related Services Organizations) automotive industry-level certification, laying a solid foundation for the company's future deployment and industry coordination in the field of automotive electronics. Overall, due to the limitations of the import speed of products from car manufacturers, the contribution of automotive electronics to the company's operations is relatively low. Please be aware of related risks.
Currently, the company is actively exploring cooperation on BMS and electric motor driver chips with industry customers, and the electronic switch chip has been supplied to a certain industry customer through internal resource integration. The company plans to promote the initial layout of RF and communication chips such as satellite communication and navigation positioning, and increase efforts to develop the market for products such as automotive motor driver chips and electronic switch chips, pushing for entry into the supply chain system of car manufacturers as soon as possible. Among them, the company possesses BMS (Battery Management System) technology, which is currently mainly applied in the energy storage field such as rail transit and has not yet fully entered the automotive market. However, it will be expanded to a wider range of fields such as automotive electronics and new energy in the future plan, while increasing dynamic internal resistance monitoring to enhance comprehensive performance and meet customers' more diverse product demands.
In the long run, the company regards the Internet of Things as a strategic breakthrough point, consolidating the cash flow of its main business while exploring the fields of secure electronics and green energy, including promoting the sustained development of automotive electronics. The company focuses on developing core products with market potential, ensuring the formation of new potential performance growth points at each stage, and hopes to achieve a breakthrough in this important race track of automotive electronics.