Huichuan Technology: It is expected that medium and large PLC products will achieve good growth in the future.

Huichuan Technology recently stated during a institutional research that in recent years, the company has increased its investment in PLC products. Among them, the medium and large PLC with core technology and complex motion control is one of the core products of the company's expansion into the mid-to-high-end application market. In the past few years, the company has used medium and large PLC products to achieve breakthroughs in core processes in industries such as photovoltaics, lithium batteries, and mobile phones, forming multiple product solutions that significantly enhance customer stickiness. In addition, the company has also launched large PLC products with functional safety for continuous production applications this year, and is currently actively conducting product testing and verification with customers. Currently, the market share of the company's medium and large PLC products in the Chinese market is about 5.1%, ranking sixth, and there is still sufficient room for growth in the future. With the continuous improvement of the company's product capabilities and the ability to integrate multiple product solutions, it is expected that medium and large PLC products will achieve good growth in the future.