1, leading position in the industry: Xingdesheng Technology (Suzhou) Co., Ltd. is in a leading position in the field of micromotors and related products, especially in the vacuum cleaner market segment. According to the data of company 202 1, more than 25% of household vacuum cleaners in China use micromotors produced by Xingdesheng, and Xingdesheng has been widely recognized by the market for its technology and product quality.

2. Strong customer base: Xingdesheng's customer base covers many well-known brands at home and abroad, including Bisell, Shark, TTI Chuangke Industry Co., Ltd., Electrolux, Black & Decker, Panasonic, Hitachi, Philips, LG, Midea, Delmar, Cobos, Xiaomi and Roborock. The choice of these customers proves the products and services of Xingdesheng.

3. Steady financial situation: Xingdesheng's financial situation shows good profitability and growth. From 2020 to 2023, the company's main business income and net profit showed a steady growth trend. In the first quarter of 2024, the company expects operating income and net profit to increase year-on-year, showing the company's good operating efficiency and profitability.

Vacuum cleaner is a kind of cleaning tool, which is mainly used to suck away dust and sundries on floors, furniture surfaces and other objects.