Dongguan Tarry Electronics Co., Ltd.

Dongguan Tarry Electronics Co., Ltd. is a manufacturing company listed on the ChiNext board of the Shenzhen Stock Exchange since 2021. The company specializes in precision functional components, structural components, and automated equipment, focusing on providing customized solutions for the consumer electronics and new energy sectors. Dongguan Tarry Electronics adheres to a Major Account Strategy, which emphasizes collaboration with leading customers in emerging fields such as edge AI and new energy. The company's main business lines include its consumer electronics segment, where it develops and produces functional and structural components for a variety of electronic devices, including smartphones, laptops, and wearable technology. Additionally, in the new energy sector, it manufactures precision components for products like new energy vehicles and energy storage systems. Dongguan Tarry Electronics has established a strong customer base that includes globally recognized brands and has positioned itself as a key supplier in both the consumer electronics and new energy markets, leveraging its technological innovations and strategic partnerships to enhance its competitive edge.

(I) Stable and Premium Customers Resources The company adheres to a customer-first philosophy and has been deeply engaged in the consumer electronics industry for over two decades, accumulating a large and high-quality stable customer base that covers key segments of the industrial chain. These include internationally renowned consumer electronics terminal brands customers such as Apple, Sony, Microsoft, Meta, Bose, Lenovo, Jabra, Sennheiser, Sonos, Samsung Display, etc., well-known domestic and international Flexible Printed Circuit suppliers such as Avary Holding, MFLEX, COMPEQ, Flexium Technology, Fujikura Electronics and Amphenol, as well as prominent consumer electronics EMS customers including Luxshare Precision, Goertek Inc. and Foxconn. Leveraging its critical supporting role in customers' new product R&D and production, along with the widespread application and layout of precision component products in various AI terminal hardware, the company continues to deepen long-term cooperation with representative high-quality customers in each sub-sector of the electronics industry. With AI technological innovation driving industry development and the upgrading of customers' high-end demand, the company is expected to seize the opportunity of rapid growth in the edge AI hardware market and initiate a new round of high-quality growth. Moreover, since strategically entering the new energy sector in 2022, the company has actively expanded its structural and functional components business and successfully entered the supply chain systems of global leading enterprises in the new energy industry, including CATL, BYD, Tesla. By providing high-quality products and services to leading customers while simultaneously strengthening internal capability building, the company has laid a solid foundation for further expanding into other high-quality customers in the fields of power battery, vehicle manufacturing, and energy storage systems. (II) Material Technology Innovation Advantages The company closely follows industry development trends and strives to become a comprehensive solution provider for lightweight materials in edge AI through multiple measures including technology advantage conversion, strategic mergers and acquisitions, and forward-looking R&D reserves. Based on long-term cooperation with global major customers, the company's understanding of materials and its grasp of customer needs have formed its own unique advantages. According to the development trends of technology, materials, and market demand, the company conducts forward-looking technical reserves and independent R&D layouts, and actively participates in customers' cutting-edge R&D processes, providing customers with a series of high-value-added comprehensive solutions from materials, design, prototyping, to mass production. The company has always prioritized innovation through continuous R&D. The company and its subsidiaries have been awarded honors such as "National High-Tech Enterprise", "Specialized, Sophisticated, Distinctive, and Innovative SMEs" certified by Guangdong Province's Department of Industry and Information Technology, which acknowledge and affirm their professional technical level, R&D innovation capability, business development, and overall strength. As of the end of the reporting period, the company has accumulated 247 patents (including 20 invention patents, 221 utility model patents, and 6 design patents) and 26 software copyrights for self-owned intellectual property rights related to core processes, innovative materials, key technologies, and equipment improvements, thereby protecting the technological advantages of the company's products and forming certain technological barriers. (III) Intelligent Manufacturing Advantages The company has built a lean management system across the entire industrial chain based on intelligent manufacturing technologies, achieving optimal overall costs through digital means.. By deeply applying intelligent systems such as ERP and MES, the company has established a data-driven cost control system. On the one hand, the intelligent scheduling system enables centralized production of work orders, reducing equipment changeover frequency and improving machine efficiency. On the other hand, automated inspection equipment and modular design enhance production efficiency and raw material utilization rates. In the supply chain segment, the intelligent procurement platform realizes centralized bargaining and big data analysis, forming strategic synergy with core suppliers to effectively control material costs. Regarding quality control, the company has established a fully digital quality management system throughout the process. Intelligent standard verification systems are introduced at the R&D design stage to ensure controllable quality from the source; online inspection equipment and intelligent traceability systems are deployed in the production process, significantly improving the yield rate of key processes; through the quality early warning platform, various quality parameters are monitored in real time, enabling product reliability to reach industry benchmark levels. The company will continuously deepen the upgrade of intelligent manufacturing, empowering the lean management system and quality control system through intelligent manufacturing, further consolidating its dual competitive advantages in cost control and quality reliability, and creating greater value for customers. (IV) Corporate Culture and Organizational Capability The company places great emphasis on corporate culture development and adheres to the mission of "Crafting with dedication, Co-creating the future". It embeds the principle of "Customer First" into the entire operation of the company, always considering issues from the customer's perspective and striving to exceed customer expectations to achieve its vision of "Dedicated to becoming the best supporting player for global benchmark customers". The company encourages employees to become "open, self-reflective, and committed to continuous improvement" individuals, promoting positive energy and enhancing employee identification and cohesion. It strengthens cultural awareness and fosters an uplifting organizational atmosphere, encouraging the formation of work concepts and behavioral habits within the company that improve overall efficiency and collaboration levels. The corporate culture gene of prioritizing "Customer First", combined with the proactive, mindful, and united spirit of all employees from top to bottom, and the strong organizational capability centered around achieving organizational goals with shared determination and active progress, constitute important components of the company’s core competitiveness.