Tian successfully passed the IPO review at the Listing Committee meeting. Its main products include electronic combination instruments.

On December 6th, Heilongjiang Tianyouwei Electronics Co., Ltd. (hereinafter referred to as Tianyouwei) IPO was approved by the listing committee of the Shanghai Stock Exchange main board. The sponsor of this IPO is China Securities Co., Ltd., planning to raise 3.004 billion yuan. According to the prospectus, Tianyouwei mainly engages in the research and development, design, production, sales, and service of automotive instruments, and gradually expands into the field of intelligent cabins. The main products of the company include electronic combination instruments, full liquid crystal combination instruments, dual-screen instruments, and other automotive electronic products and services. Through long-term business development, the company has the capability to synchronize research and development with and supply in bulk to automobile manufacturers, and has accumulated many well-known domestic and foreign automobile manufacturers and automotive component supplier customers, mainly including Hyundai Motor Group (including Hyundai Motor, Kia Motors, Hyundai Mobis, etc.), BYD Company Limited, Chongqing Changan Automobile, FAW Pentium, Chery Group, SAIC-GM Wuling, HyolimXE, Wuhu Token Sciences, Geely Group, Beijing Hyundai, Kia Motors, Boteng Automotive, Xinyuan Automotive, Beiqi Foton Motor, Qingling Automotive, Anhui Jianghuai Automobile Group Corp., Ltd., Citron, Kawei Automotive, etc. Financially, in the 2021 fiscal year, 2022 fiscal year, 2023 fiscal year, and January-June 2024, Tianyouwei achieved operating income of approximately 1.168 billion yuan, 1.972 billion yuan, 3.437 billion yuan, and 2.039 billion yuan; during the same period, the company achieved net profits of approximately 116 million yuan, 397 million yuan, 843 million yuan, and 550 million yuan respectively.