Ningbo Huaxiang Electronic Co., Ltd.

Ningbo Huaxiang Electronic Co., Ltd. (NBHX) is a manufacturing company listed on the Shenzhen Stock Exchange since 2005. The company specializes in the design, development, production, and sales of automobile parts, primarily serving major Original Equipment Manufacturers (OEMs) such as Volkswagen, BMW, Benz, Audi, GM, Ford, and Toyota. NBHX's product portfolio includes a wide range of auto interior and exterior components, including real wood and aluminum trims, instrument panels, door panels, electronic controllers, and new energy battery packs. The company operates with a focus on high-end markets, supplying products to medium and high-line international brands. NBHX has established a strong brand image through long-term relationships with its customers and has enhanced its market position by leveraging cost advantages through lean production practices. The company also emphasizes technological development, with a dedicated R&D center that focuses on new materials and designs. Additionally, NBHX has strategically located manufacturing bases near OEMs to optimize supply chain efficiency and reduce management costs.

(1)domestic and overseas core customer resources In recent years, NBHX got new orders from OEMs through making overseas mergers and acquisitions and domestic layouts, which achieved the higher earnings and met the lateral extension both at home and abroad. (2)brand advantage NBHX always takes the high-end route. Its products are mainly matched with medieum and high line of international well-known brands. Long-term friendship with customers provides the basis for NBHX’s development and builds a good company brand image. (3)cost advantage NBHX insists lean production and exert cost competition advantage. It builds a strict cost control system in the aspects of procurement, production and logistics. Compared with competitors, it has a certain cost advantage. (4)techlogical development advantage NBHX research and development(R&D) center is mainly dedicated to researching new material, new techniques, new designs and new modules in the practical application and entirely improving the product value. NBHX has the ability of researching and developing all kinds of auto interiors, and which reflects the whole production techniques and characteristics. (5) advantage of distribution of industries NBHX has many manufacturing bases. It forms scale effect through building plants near the OEMs, which reduces the management cost and enhances the efficiency of supply.