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锐明技术(002970.SZ)：公司目前主要和欧洲本地的厂家竞争

Streamax technology (002970.SZ): Currently the company mainly competes with local manufacturers in Europe.

Gelonghui Finance ·  Jul 16 03:25

Streamax Technology (002970.SZ) stated during an investor relations event that European standard (symbol) certification requirements are very high. Firstly, the product must be certified by a third-party testing institution recognized by the European Union, and the cost of each model's testing is over 1 million RMB. Secondly, rigorous testing is required. For example, for the DDAW product for fatigue testing, 10 drivers need to continuously drive for four to five days without sleep. The product needs to be able to accurately test the driver's level of fatigue, and fatigue is divided into nine levels. The product needs to be able to distinguish between different levels of fatigue and take different interventions. For example, for overspeed products, it is necessary to conduct road tests locally in Europe and drive for more than 1000 kilometers in at least three countries. Testing takes 2-4 weeks to complete. It can be seen that the certification threshold for obtaining European standard certification is high. Currently, there are not many manufacturers in the global market that can do business with Europe (symbol). The company is currently mainly competing with local European manufacturers. The company has signed bulk supply contracts with multiple domestic host manufacturers, and has obtained a certain first-mover advantage. At the same time, in Turkey, the company has reached designated cooperation agreements with two host manufacturers. There has been a breakthrough in the overseas access channel for European standard (symbol), and cooperation with local European host manufacturers is also actively being sought. The company will continue to ensure the stability of the European standard (symbol) solution, continuously improve accuracy, and believe that under the advantages of cost-effectiveness and first-mover advantage in entering the market, the company can have good performance in the European standard (symbol) business.

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