Dilong On-board Charger DCDC Converter Develops Rapidly

When an industry develops rapidly, it is not necessarily the product sales company that makes money. Its upstream and downstream industries often make more substantial profits. This is what the business fable "It is better to sell shovels than to dig for gold" tells us.

This principle may not be a universal truth, but it is undeniable that when a phenomenal industrial transformation comes, both upstream and downstream industries will take advantage of the opportunity to rise. Just as smartphones have driven the rapid development of China's upstream and downstream industrial chains, they have even provided huge impetus to China's semiconductor and panel industries.

The arrival of the new energy vehicle era will inevitably lead to the birth of a number of world-class companies in China's upstream and downstream industries related to new energy vehicles. For example, as an important component for realizing energy conversion inside new energy vehicles, the on-board power supply will continue to grow in market size driven by the new energy vehicle industry.

Dilong New Energy entered the field of new energy vehicle on-board power supplies in 2008. The company's core products of new energy vehicle on-board power supply business include on-board chargers, on-board DC/DC converters and on-board power supply integrated products with on-board chargers and DC/DC converters as the core. It has industry-leading R&D and innovation capabilities and engineering manufacturing capabilities, and its product technology level ranks among the top in the industry.

The research and development of vehicle power products in my country began in the early 21st century, but it was not until the introduction of my country's new energy vehicle industry plan in 2012 that some domestic companies began to enter the research and development and production of vehicle power products under the active promotion of new energy vehicle industry policies and the rapid development of electric vehicle technology.

Dilong New Energy is one of the earliest companies to enter the field of automotive power supplies. Through 14 years of perseverance and hard work, it has accumulated rich technological advantages and market capital, and finally ushered in a historical opportunity for a comprehensive outbreak of the industrial chain.

In respect of technological research and development, the company has a strong R&D team, fully functional R&D laboratories and R&D equipment, has achieved fruitful research results, and its products are constantly iterating and upgrading. Its technological strength and product quality have been recognized by the country and highly recognized by customers.

For the market, through the implementation of the "brand-upward" strategy, the company's customer structure has become more complete, achieving comprehensive coverage of domestic brand vehicle manufacturers, joint venture brand vehicle manufacturers, new force vehicle manufacturers and international traditional vehicle manufacturers, becoming a world-renowned supplier of automotive power supply series products.

From the perspective of the company's business plan, the business in the field of on-board power supplies for new energy vehicles will be the main growth point for Dilong New Energy in the future.

First of all, from the perspective of the overall growth of the new energy vehicle industry, the compound growth rate of the new energy vehicle industry will reach 35% in the next five years. The new energy market penetration rate will reach 30% in 2025 and 70% in 2030. As a well-known enterprise in the new energy vehicle power supply series products, the company is expected to fully enjoy the dividends of the new energy vehicle track.

In addition, Dilong New Energy has set up subsidiaries in Beijing and Shenzhen, established an international trade department, introduced high-end automated production equipment and production processes, built a high-standard vehicle power production base, actively expanded international business, increased the coverage of new energy vehicle customers, and continued to expand the scale of business, achieving impressive results in the international market.

As a well-known enterprise in the field of vehicle power subdivision and a company with leading technology in the industry, Dilong New Energy has achieved rapid development and rapid growth in performance by relying on more than ten years of technology accumulation and customer accumulation, stimulated by the national dual-carbon policy and multiple favorable factors of the new energy vehicle market.