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Huahan Co., Ltd. (301600.SZ): The company fully possesses the capability for product development and mass production of integrated vehicle-road-cloud functions.
On January 16, Glonghui reported that Huihan Co., Ltd. (301600.SZ) stated in an investor relations activity that the company completed the research and development of products supporting V2X functions and began mass production as early as 2019. The company's R&D adopts a platform-based and modular design, and the current V2X function is merely an optional functional module within the company's Vehicle Networking Asia Vets terminals. The company fully possesses the ability for integrated product research, development, and mass production of Vehicle Networking, Cloud, and Road functions. However, its penetration rate is currently quite low, and large-scale application will require more time. The related business of Vehicle Networking Cloud has a larger market on the vehicle side compared to the road side, and we primarily focus on the vehicle side, while our technology...
Huihan Co., Ltd. (301600.SZ): Currently, all Asia Vets connected cars need to install a TBOX to achieve connectivity features.
On January 16, Gelonghui reported that Huihan Co., Ltd. (301600.SZ) stated during an investor relations event that the Vehicle Networking TBOX is a core controller used for in-vehicle information interaction. It has strong communication connectivity, security authentication, and computing control capabilities, and is a key component of intelligent connected Autos encouraged and supported by the state for development. The working principle is to connect to the in-car network through CAN, LIN, vehicle Ethernet, and other automotive communication buses, linking with various Electronic Control units such as the body controller, Battery management system, airbag controller, engine controller, and smart cockpit controller, to achieve monitoring and diagnostics with each controller.
Huihan Co., Ltd. (301600.SZ): After the national standard is introduced, the eCall system will be mandatory for every Passenger Vehicle sold in China.
On January 16, Glonghui reported that Huihan Technology (301600.SZ) stated during an investor relations event that after the national standard is issued, eCall systems will be mandatory for every Passenger Vehicle sold in China, while Other vehicles can follow. ETC is not mandatory for installation; it is only encouraged by the policy for car owners to install it, and vehicles without ETC can still access the highway. Another difference is that ETC is associated with the license plate rather than the vehicle itself. As long as the license plate is not changed, ETC can be transferred from the old car to the new car for continued use; however, eCall is an original equipment market, and after the national standard is issued, every new car for sale will need it.
Huihan Co., Ltd. (301600.SZ): Provides Asia Vets for Contemporary Amperex Technology.
On January 16, Gelonghui reported that Huihan Co., Ltd. (301600.SZ) stated during an investor relations event that the company's underlying technology consists of automotive and ICT technologies, including communication, security, and computing; widely applied in the fields of Smart Automobiles, New energy Fund, and industrial Internet of Things; the company's product forms mainly include Vehicle Networking smart terminals, Internet of Things smart module Software, and technical services. The company's Vehicle Networking smart terminal products include Vehicle Networking TBOX and eCall terminals, mainly used in the fields of automotive smart networking and automotive safety, and related products have already been equipped in SAIC Group, Chery Automobile, Geely Automobile, and BYD.
As of the end of February 2024, Huihan Co., Ltd. (301600.SZ) holds 61 technology development contracts, with a total amount close to 60 million yuan.
Gelonghui, January 6丨 Huilan Co., Ltd. (301600.SZ) stated in investor relations that the dimension is the sales forecast for designated vehicle models by automotive manufacturers. As of the end of February 2024, the company has obtained a dimension of 7.96 million units that has been designated but has not been supplied in bulk as of December 31, 2023; in designated projects, manufacturers prepay the company a certain amount for technical service development fees to support the R&D activities of the designated project. As of the end of February 2024, the company holds 61 technology development contracts, with a total amount close to 60 million yuan.
Huihan Co., Ltd. (301600.SZ): Both Internet of Things products and Vehicle Networking products have seen growth, mainly driven by an increase in revenue from Asia Vets terminal products.
On January 6, Gelonghui reported that Huanhan Co., Ltd. (301600.SZ) stated in its investor relations that the company's Internet of Things products and Vehicle Networking products have both grown, mainly driven by the increase in revenue from Vehicle Networking smart terminals. Leveraging the company's extensive and stable high-quality customer base, including major domestic brand automobile manufacturers such as SAIC Motor Corporation, BYD, Chery Automobile, Geely Automobile, Great Wall Motor, Guangzhou Automobile Group, Li Auto, NIO, etc., there has been an increase in product demand due to the rapid growth in exports of complete vehicles by domestic manufacturers. At the same time, thanks to the company's proactive strategic layout, a relatively comprehensive presence has been established in various countries and regions, including the European Union and the United Kingdom.