Opportunities in the industrial sector:

The renovation and replacement policies proposed in the 14th Five-Year Plan have brought development opportunities for industrial special power supplies, metallurgy, shipping and new energy vehicles. The stock transformation market has increased, providing a broad space for the development of DC products.

A6740 Dc market competition pattern

China’s domestic low-voltage electrical DC market share -2023 (billion yuan)

Data source: Gewu wins interviews and industry accumulation

1, DC circuit breaker competition pattern:

✓ With the first-mover advantage in the field of new energy, Liangxin’s DC performance is outstanding, occupying a leading position in the DC market, and the DC performance volume is more than 600 million (excluding high-voltage DC relays);

✓ A6740 Domestic brands, with their insight into the local market and research and development agility, can meet the diversified needs of customers, provide industry-specific products, and occupy a high share in the new energy market by product cost performance; Relatively speaking, overseas brands perform well in data centers, ships, metallurgy, locomotives and other fields with strong product performance;

✓ In view of the high share of the new energy market and its rapid growth, many companies have focused their strategic attention on the new energy market and actively participated in the expansion of new energy business; The company is committed to the development of DC products, and strive to occupy an important place in the field of new energy.