The company was founded in 2014, and since its establishment, it has focused on the R&D, production and sales of current sensing precision resistors and chip-type chip fuse products; Suzhou Huade, a wholly-owned subsidiary of the issuer, was established in 2000. Since its establishment, it has been committed to the R&D, production and sales of fuse products, and has now had more than 20 years of experience in the fuse industry. After years of accumulation and accumulation, the company's brands “Walter”, “TFT” and “YED” have gained a good reputation among Chinese and overseas customers, and have strong market influence. The issuer's strategic vision is to become a segment leader in the global component industry through continuous innovation. Since its establishment, the company has focused on R&D, production and sales of current sensing precision resistors and chip-type chip fuse products. Current sensing precision resistors are also known as current sensing resistors, current sensing resistors, sampling resistors, etc. Fuses are also known as fuses, and are usually connected to a circuit to protect circuits. They are one of the earliest developed, most modeled, and most widely used components in circuit protection devices.