Zhejiang Huayuan responded to investors on the interactive platform on April 2, stating that the company's performance in the first quarter experienced rapid growth, attributed to the following reasons: ① The production of high-value non-standard fastener products for clients such as Sensata; ② The new product electric lock bolt has begun production in some new energy vehicle models; ③ The current forecast order situation from major clients is relatively good; ④ Government policies such as car purchase subsidies and other market favorable factors. The final accurate data will be based on the first quarter performance announcement. In addition, the company's fastener products and seat lock products are applied in Xiaomi vehicle models