Xingdesheng (603344.SH) stated during a specific research that the company is mainly engaged in the research and development, production, and sales of micro special electric machines and related products, which are mainly used in the field of cleaning appliances represented by vacuum cleaners, high-speed hair dryers, power tools, garden tools, etc. The company currently has production bases in Suzhou, Taixing, and Vietnam, with a total annual production capacity of more than 60 million units of various micro special electric machines, which can meet the downstream customers' requirements for large-volume supply, high quality standards, and tight delivery schedules. The company has completed the integration of business in the field of batteries and electric machine controllers, forming a "three-electric-one-system" systematic solution with the core of electric machines, battery packs, and electric machine controllers. After many years of hard work, the company has a stable core customer group and has won unanimous recognition from customers in domestic and foreign markets. The products are widely covering many domestic and foreign markets such as North America, Europe, Asia-Pacific, etc.