1. The market prospect of the downstream industry is good, which will promote the sustainable development of the relevant connector segment industry

Benefiting from the further acceleration of my country's mobile communication network construction, the continuous increase in the proportion of automotive electronics and the increasing popularity of new energy vehicles, communication connectors and automotive connectors will usher in a new round of rapid growth.

2. National industrial policy support

Connectors belong to the subdivision industry of electronic components, and the electronic components industry belongs to the key industries supported and encouraged by national policies. Many national policies, such as "National Innovation-Driven Development Strategy Outline" and "Thirteenth Five-Year Plan for the Development of National Strategic Emerging Industries", have listed electronic components as a key development industry.

3. International industrial transfer brings opportunities for the development of my country's connector segment industry

The gap between the research and development capabilities of some connector companies and international giants is gradually narrowing, and they have greater local advantages in terms of cost, response speed, and proximity to customers. In recent years, out of consideration of cost control and closeness to the market, international connector giants have begun to cooperate with domestic connector companies with high precision manufacturing capabilities and fast response speed on some cutting-edge products. development of the appliance industry.