With the continued rise in the market share of new energy vehicles (NEVs), Huaseh Technology Group (stock code: 6272) expects sustained growth through 2025. In 2024, thanks to a significant increase in shipments from major Chinese EV brands such as BYD, Changan, Dongfeng, and Hongqi, as well as Tier 1 suppliers like BorgWarner and Delta, the Group’s automotive electronics subsidiary, Huasheng Automotive Electronics, achieved record-high revenue—becoming the key driver behind the Group’s overall revenue and profit growth.