Gelonghui, May 14 | Chuanhuan Technology (300547.SZ) said on the investor interactive platform that the company's current products are mainly in the domestic automobile pipeline market. The products mainly cover fuel pipelines, cooling (liquid cooling) pipelines, body and brake pipelines, turbocharging, air conditioning systems, vacuum braking pipelines, motorcycle pipelines and assemblies. The customer base is dominated by NEV manufacturers such as Changan, BYD, Aian, and Cyrus, and the company's products have fully entered the NEV liquid cooling pipeline market. The winning rate for the number of new products added by the company from January to May this year increased by about 197% year-on-year. The automobile development cycle is generally 1-3 years. The increase in the bid rate for the company's products has prepared a solid foundation for the company's product order volume in the next 1-3 years. The company's expanded liquid cooling pipeline systems used in energy storage and data center servers have all been delivered in batches, and the products have entered energy storage customers such as Guoxuan Hi-Tech, Freddy, Times Nebula, Singpoint Technology, Suzhou Beiren, and Avionics.
The company's piping products in the liquid cooling server field have been used in the No. 1 customer (H customer) products to achieve delivery. The newly developed Y customer is currently communicating technical standards, and the next step will be to proceed according to this customer's process. The fuel line system and ventilation line system used in a cargo drone developed by the company and Xifei Civil Aircraft are already in the department's flight verification stage. The next step will be to proceed according to the customer's relevant procedures. With a series of support policies for the NEV industry and carbon neutrality and related policies introduced by the country, the NEV industry and industries such as energy storage and data center liquid cooling will continue to improve, and the company is also confident in the development of the NEV industry.