On November 6, Gelunhui: Huarui Electrical Appliance (300626.SZ) held a performance briefing on November 6, 2024, answering the question 'Facing increasingly fierce market competition, how does the company maintain and expand its market share?' The company stated that it is a leading enterprise in the gearbox industry, with global renowned customers such as Nidec Corporation Sponsored ADR, BorgWarner, Bosch, Valeo, Yanfeng, Solvay, Siemens, Tech Wing, Moutain, Peter Lehmann in areas such as automotive motors, household appliances, smart home, power tools, garden tools, industrial electric machines, and military industry. In addition, the company has successfully entered the supply system of domestic well-known new energy vehicle manufacturers (Customer B), Wanbaozhi, and subsidiaries of Guangzhou Automobile Group, aiming to focus on existing gearbox market business in the future, increase research and development investment, enhance technological innovation capabilities, and strive for incremental orders through products and services to further increase the company's market share.