Looking forward to the future, the company's production base in Shanghai was successfully completed and officially put into use on January 25, 2021. The company will focus on the national development strategy, as well as the golden age of the development of resolver technology, integrate resources, and persistently pursue to be specialized, refined, and stronger resolver enterprise.While pursuing scale development, the company also pays attention to the construction of enterprise culture and system, and makes positive progress.The company's product resolver is a key core component of high-performance electrification, the core basic components of the national industrial foundation project, key breakthrough areas -- energy saving and new energy vehicles, advanced rail transit equipment, high-end CNC machine tools and robot core basic components.The products are widely used as high precision position detection components.Main applications: energy saving and new energy vehicle driving system; high-speed rail and urban rail transit traction system; robots, CNC machine tools, injection molding machines, textile machines, industrial control drive system; national defense military industry and etc..2nd Period -Growing period from 2009-2012:Broke the monopoly of foreign products3rd Period-Consolidation period from 2013-2017:Development and consolidation,Gradually expanding into fields such as new energy vehicles ,rail transit etc.4th Period-Highly developing Period since 2018: Strengthen product development, import equipments,and improve production capacitySource: Official company profile