Since established 2018, WB has successively provided 400,000 reducers for high-end EV models in China.Light weight, high efficiency performance and NVH quality control are the top features of WB reducers, which are at the leading level in China. WB was rated as the TOP5 electric drive reducer of year 2021 by NE Times.Good reputation and customer feedback, diversified market-oriented product family and roadmap plans, with intensive market activities have helped WB gradually establish its market influence.More and more external customers have shown strong interest in WB and it’s products.In September, WB reached cooperation intention with a new energy enterprise in Changzhou. The technical solution and the first batch of samples delivers have been accomplished. It is expected SOP at Q3 2024, will then bring new growth at market share of WB.