Gelonghui February 14th 丨Hongquan Internet of Things (688288.SH) said during agency research from February 2 to February 14, 2023 that the company's controller business currently has controller products such as body controllers, door controllers, gateways, thermal management controllers, seat controllers, etc., mainly for commercial vehicles, passenger cars and two-wheelers. Currently, commercial vehicle controllers have been mass-produced and supplied. As R&D projects advance, more projects will enter the mass production stage in the future, and controllers will also become an important product line for developing new markets such as passenger cars.

Up to now, most of the company's products, including driving recorders, T-BOX, central control screens, meters, ADAS, controllers, etc., can be applied to heavy trucks. They account for a high share of revenue, so the resumption of growth in production and sales of heavy trucks will have a positive impact on the company.