Gelonghui November 27th | Canrui Technology (688061.SH) stated on the investor interaction platform that the company's magnetic sensor chip products can be used for automobile-related needs, have entered the supply chain of automotive Tier1 manufacturers, and will continue to actively layout the automotive business in the future. In addition, the company's magnetic sensor chips have been applied to downstream markets such as drones, but due to commercial reasons with customers, detailed information on cooperation with end customers cannot be provided at the moment. The company targets the global market, and the sensor chip products hold a leading position among domestic manufacturers; it entered the field of power management chips early and also has a competitive advantage in this category. The company will continue to accelerate the rapid transformation of research and development results, comprehensively enhance the company's global competitiveness. The company has always regarded domestic substitution as its goal and mission. Currently, the company's products can be widely used in areas such as smartphones, laptops, VRAR, smart wearables, industrial, autos, and can also be applied to hardware products such as AIPC, AI phones, smart home appliances, etc. With the gradual maturity of artificial intelligence technology, it is expected that this technology will be applied to more end products, and the company will also innovate according to market demand, striving to benefit from this cycle of innovation brought about by artificial intelligence technology.