Recently, HGGaoli, a core subsidiary of HGTech, achieved a significant milestone in the global auto parts market by successfully securing a project designation for full-platform water-heating PTC heater supply from a century-old luxury automotive brand in Europe, with the total project value reaching $100 million. This achievement marks that HGTech's technical strength in the new energy thermal management field has gained high recognition from top international automakers, laying a solid foundation for in-depth cooperation between the two parties in areas such as intelligent sensors in the future.

The water-heating PTC heater in this designated project is a core component of new energy vehicle thermal management systems, playing a crucial role in enhancing vehicle range and driving comfort in extreme environments. As a pioneer and leader in China's new energy vehicle PTC heater sector, HGGaoli possesses mature core technical capabilities spanning from chips to devices and system integration. Leveraging its independently developed efficient and safe PTC heating technology and stringent quality control system, it stood out in fierce competition with multiple global industry giants, becoming a core partner in the European automaker's global supply chain system.

" This cooperation is not only a recognition of our product technology but also a strong validation of the company's global strategic layout," said Nie Bo, General Manager of HGGaoli. "Taking this project as a starting point, we will continue to deepen technical collaboration with the customer in fields such as intelligent sensors, and carry out all-round cooperation focusing on vehicle thermal management systems and vehicle environment perception, jointly promoting innovative development in automotive intelligence, electrification, and lightweighting."

As an active participant in the global automotive industry upgrading, HGTech has continuously increased R&D investment in recent years, forming globally leading technical solutions and mass production capabilities in new energy thermal management, intelligent sensing, and other fields. With the fruitful results in the European high-end market, the company will further accelerate its global layout, contributing to the green and intelligent transformation of the global automotive industry with higher-quality products and services.