Wuhan P and S Information Technology Co., Ltd.

Wuhan P and S Information Technology Co., Ltd. is a leading domestic agent and distributor of electronic components, listed on the ChiNext board of the Shenzhen Stock Exchange since 2011. The company specializes in the agency distribution of electronic components, as well as the research, development, production, and sales of its self-developed chips and smart grid products. With over 20 years of industry experience, it represents product lines from hundreds of well-known upstream chip manufacturers both domestically and internationally. The company's primary business lines include the distribution of electronic components, development of microcontroller chips and power devices, and smart grid solutions such as smart electricity meters and circuit breakers. It serves a diverse customer base across various sectors, including communication electronics, automotive, industrial applications, and the Internet of Things. Additionally, the company is engaged in the Internet of Things SIM card business and has established a silicon carbide laboratory for collaboration with upstream manufacturers. Through continuous investment in research and development, Wuhan P and S aims to enhance its product offerings and maintain a competitive edge in the market.

1、The company has been deeply engaged in the industry for more than 20 years. It holds the agency rights for the product lines of hundreds of well-known upstream chip original manufacturers at home and abroad. It continuously explores new high-quality product lines and product categories, expanding the coverage of its agency products and providing customers with more choices. In addition, the company jointly established a silicon carbide laboratory with upstream chip original manufacturers, and carried out numerous testing and technical cooperation projects with upstream chip original manufacturers and downstream customers. 2、From 2013 to 2017, the company successively acquired three outstanding companies in the same industry. In 2014, it took a stake in Yunhanxincheng, a high-quality company in the same industry. At the end of 2019, it took a stake in Shanghai Huwen Technology, a voice AI chip design and solution provider. Through internal integration in recent years, the company has established a powerful distribution channel for electronic components. It has been continuously expanding its business to various industrial customers and has more than 10,000 downstream customers. Moreover, it has a number of super-large customers in industries such as mobile phones, PCs, automobiles, industry, new energy, and home appliances. Always guided by the needs of downstream customers, the company keeps up with the market development trends, conducts strategic operations, provides customers with the products they need and high-quality services, resulting in strong customer stickiness. 3、The company adheres to continuous investment in research and development, constantly improves its overall R&D capabilities, and continuously extends from the agency distribution business to the directions of self-developed chips, solutions, modules, and terminal products. The company actively promotes the research, development, and updating of its self-developed MCU chip products, promoting the company's transformation from an agency distributor to a dual-core strategy that combines chip design and agency distribution. In addition, the company conducts research and development on related modules and solutions based on its agency products and self-developed products. For the modules, solutions, and terminal products in the downstream smart grid field, the company actively follows up with the latest market standards and customer needs, continuously invests resources in research and development, and has significant R&D and competitive advantages. 4、In terms of the talent team, over the years, the company has established an efficient operation team with a deep background in the integrated circuit industry, who have a profound understanding of industry development and technological innovation. The company also has a strong technical support team composed of a group of professional technicians, providing technical support for downstream customers. At the same time, the company optimizes its assessment and incentive system to stimulate the vitality of employees. During the reporting period, the company continued to increase its efforts in talent cultivation and introduction. The management team has become younger, further consolidating the construction of the company's talent echelon.