Fuo Co., Ltd.: Has secured product orders such as Xiaopeng Hui Sky Air Conditioner Units and is about to enter mass production and supply stage

Regarding questions such as “Besides XPeng, what other clients are there in emerging businesses,” FuAo Co., Ltd. (000030) said at a recent analyst meeting that its current main clients are XPeng Huitian. It has successfully obtained orders for products including XPeng Huitian air-conditioning units, battery coolers, and electronically controlled vibration dampers. The related products have completed performance and reliability verification and are set to enter the mass production and supply stage. Although the related projects are about to enter mass production, given that this field is still in its early stages of development, it is expected that the contribution of these businesses to the company’s operating revenue will be relatively limited in the 2026 fiscal year and for a period of time thereafter, and will not constitute a significant impact on the company’s operating results. The company’s entry into this emerging field is mainly aimed at nurturing long-term growth momentum and seizing the early opportunities for future industry development. As the market gradually matures and the company’s subsequent orders continue to land, the contribution of the related business to operating performance is expected to gradually become evident. (People’s Financial News)