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Huayuan special fasteners power Xiaomi vehicles

[Abstract]:Zhejiang Huayuan stated that its special-shaped fasteners have been applied in Xiaomi automobiles, which has had a positive impact on the company's performance.

1. Latest Corporate Developments
Zhejiang Huayuan Auto Parts Co., Ltd. (Stock Code: 301535) recently addressed investor concerns on an investor interaction platform, stating that its core product, special-shaped fasteners, has been applied in relevant vehicle models of Xiaomi Auto. This development has had a positive impact on the company's operating performance. This news has made the company a market focal point and reflects the effectiveness of its strategic layout in the new energy vehicle (NEV) component sector.

2. Product Features and Technical Requirements
As critical connecting components in the automotive industry, special-shaped fasteners are characterized by complex structures, high precision, and strict reliability requirements. Compared to traditional standard fasteners, they require customized design and production based on the specific structural characteristics, assembly processes, and performance requirements of vehicle models. In the NEV sector, these fasteners also bear multiple technical requirements, including lightweighting, corrosion resistance, and high/low-temperature tolerance, which set higher standards for enterprises' technical accumulation and production capabilities.

Relying on years of technical accumulation in automotive fasteners, Zhejiang Huayuan has established a complete system for the design, validation, and production of special-shaped fasteners. The company's product line covers multiple categories, meeting the connection needs of different vehicle models and components, and has reached industry-leading levels in strength, durability, and assembly convenience.

3. Market Opportunities and Cooperation Significance
As a prominent representative of new EV makers, Xiaomi Auto has attracted high market attention since entering the vehicle manufacturing sector. The application of Zhejiang Huayuan's products in Xiaomi Auto marks a significant breakthrough for the company in the NEV supply chain.

This cooperation holds multiple significances: on the one hand, it demonstrates that Zhejiang Huayuan's technical strength and product quality have gained industry recognition; on the other hand, it lays a solid foundation for the company to expand in the NEV market. With the gradual release of Xiaomi Auto's production capacity and the launch of subsequent models, related component suppliers are expected to gain continuous business growth opportunities.

4. Financial Performance and Corporate Strategy
According to public financial data, Zhejiang Huayuan achieved an operating revenue of approximately 541 million RMB in the first three quarters of 2025, a year-on-year increase of 18.64%. This growth trend indicates that the company's overall operations are sound and its market expansion has yielded tangible results.

The company stated that it will continue to adhere to the development strategy of "technology leadership and quality foundation." While maintaining cooperative relationships with traditional automotive clients, it will intensify efforts to develop NEV clients. In terms of R&D investment, the company plans to further increase the proportion of technical R&D spending, focusing on breaking through technical bottlenecks in lightweight and high-performance fasteners.

5. Industry Development Trend Analysis
Currently, the global automotive industry is undergoing profound changes, with the NEV market growing rapidly and intelligent connected technologies being accelerated. Against this backdrop, the automotive component industry is showing several obvious trends:

First, lightweighting has become an industry consensus. Special-shaped fasteners can reduce weight while ensuring connection strength through optimized design and material application, aligning with the trend of automotive lightweighting. Second, standardization and customization are equally important. The industry must meet the standardization requirements of mass production while adapting to the customized needs of different vehicle models. Third, the level of intelligent manufacturing is improving. Digital and automated production equipment is being used to enhance product consistency and production efficiency.

6. Risk Warnings and Development Recommendations
While responding to investors, Zhejiang Huayuan also issued risk warnings, pointing out the uncertainty of sales volumes for new vehicle models, and advised investors to view the impact of related businesses on performance rationally. This prudent statement reflects the company's clear understanding of market rules.

Industry experts suggest that component enterprises should note the following when cooperating with new EV makers: First, strengthen technical reserves to maintain product competitiveness; Second, optimize supply chain management to ensure supply stability; Third, balance the customer structure to reduce reliance on a single customer; Fourth, pay close attention to changes in industry policies and adjust business strategies in a timely manner.

7. Value of Industry Chain Synergy
The cooperation between Zhejiang Huayuan and Xiaomi Auto is also a microcosm of the synergistic development of China's automotive industry chain. Against the backdrop of the rapid development of NEVs, the collaboration model between component enterprises and vehicle manufacturers is undergoing profound changes. The traditional model of large-scale, standardized supply is shifting towards a more flexible and customized collaboration model.

This transition requires component enterprises to have stronger technical response capabilities and production flexibility, while also providing more development opportunities for enterprises with technical strength. By deeply cultivating the niche field of special-shaped fasteners, Zhejiang Huayuan has established differentiated competitive advantages, laying the foundation for maintaining its market position in the NEV era.

8. Future Outlook
Looking ahead, with the continuous increase in NEV penetration and the deepening of automotive intelligence and connectivity, the automotive fastener industry will usher in new development opportunities. Particularly in the high-end special-shaped fastener sector, the high technical barriers and relatively low market concentration provide excellent development space for enterprises with technological advantages.

Zhejiang Huayuan stated that it will continue to increase R&D investment, deepen cooperation with automakers, continuously improve its product system, and enhance service levels. The company plans to elevate the proportion of revenue from NEV-related businesses to a new level within the next three years and accelerate its internationalization layout to expand overseas market opportunities.

These initiatives indicate that Zhejiang Huayuan is actively seizing the opportunities brought about by the transformation of the automotive industry. Through technological innovation and market expansion, it strives to secure a more advantageous position in fierce market competition. For China's entire automotive component industry, enterprises that focus on niche fields and persist in technological innovation are precisely the driving forces behind industrial transformation and upgrading.

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Huayuan special fasteners power Xiaomi vehicles

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