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Today, as the global automotive industry undergoes profound changes, new energy vehicles, with their environmentally friendly, efficient and sustainable characteristics, are gradually becoming a key force in promoting the transformation and upgrading of the global automotive industry. With the attention and support of the world's major automotive powers to the new energy vehicle industry, this field is developing at an unprecedented speed. my country regards the development of new energy vehicles as the only way to move from an automotive power to an automotive power. It has successively formulated the "Energy-Saving and New Energy Vehicle Industry Development Plan (2012-2020)" and the "New Energy Vehicle Industry Development Plan (2021-2035)", which elaborate on the development goals, development ideas, technological innovation, industrial ecology, and industrial integration of the new energy vehicle industry.

Against this background, Huangshan GJE Co., Ltd. (hereinafter referred to as Huangshan GJE) actively responded to the national industrial policies and focused on the new energy vehicle industry since its inception. It combined its core technologies, innovation capabilities, and production processes with the new energy vehicle industry, and innovatively used cold forging technology to produce copper needle-type heat dissipation substrates, opening up a new path for improving the performance of new energy vehicle power modules.

It is reported that in the field of automotive-grade power semiconductors, due to the early start of business, leading technology level and obvious brand advantages in developed countries such as Europe, the United States and Japan, they have long occupied most of the market share. Domestic power modules are still in the development stage of import substitution, and the development process of power module components such as heat dissipation substrates is also a process of import substitution. In the early stage of industry development, the main competitors in this segment were companies from Taiwan, Japan, the United States and other places.

Faced with this competitive landscape, Huang Shangujie did not choose to retreat, but rose to the challenge. Through innovative process application and excellent product quality, he won the recognition of downstream customers and filled the market gap of domestic enterprises in the field of automotive-grade power module heat dissipation substrate products. During the reporting period (2021-2023), the company's product market share continued to increase, and its competitive advantage became more prominent. Its customers covered well-known power semiconductor manufacturers at home and abroad, and its products were successfully exported to Europe, Japan and other regions, gradually replacing the market share of competitors in Taiwan, Japan, the United States and other countries.

The prospectus shows that Huangshan G.U.J.'s core product, copper needle-type heat dissipation substrate, is an innovative application of cold forging technology in an important component of automotive-grade power semiconductor modules. It is a key component for improving the heat dissipation performance of power modules and enhancing the power density of motor controllers. The company's main business is deeply integrated with the new energy vehicle industry.

Looking into the future, as the new energy vehicle industry continues to heat up and technology continues to advance, Huangshan Valley Jie will continue to uphold its original aspirations, increase R&D investment, optimize industrial layout, continuously enhance core competitiveness, and contribute more to the prosperity and development of the new energy vehicle industry.

(Source: Financial Information)

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