Obtaining the certification is not an end, but a starting point. In the process of future expansion, new product development, and continuous increase in the output value of LiDAR chips, we will continuously improve our product quality and management methods as the company evolves, providing customers with the most solid quality assurance and better cost control.

With the strong support of the company's leadership and the joint efforts of all employees, our system team has established a quality management system that meets the requirements of IATF16949 and the demands of customers and relevant parties. This has been achieved through a series of IATF16949 standard implementation activities, including system planning, establishment of system documents, standard training, internal auditor training, training on the five major tools, improvement of system documents, trial operation of the quality system, internal audit, management review, certification application, on-site preliminary review, second-stage review, and online rectification review. After rigorous checks at every level, the certification body has concluded that the management practices of Zhejiang Guangte Technology Co., Ltd. comply with the requirements of IATF16949.

IATF16949:2016 technical standard, fully known as the Technical Quality Management Standard for the Automotive Industry, is a globally applicable quality management standard for the automotive industry, encompassing relevant requirements for the effective operation of a Quality Management System (QMS). This standard is closely related to key business operations, and therefore, it is a mandatory requirement that many original equipment manufacturers (OEMs) and suppliers must strictly adhere to.

It is a technical specification in the international automotive industry, with a very clear target and applicability: this specification is only applicable to complete vehicle manufacturers and their direct spare parts manufacturers. These manufacturers must be directly related to the production of automobiles, capable of carrying out processing and manufacturing activities, and through such activities, they can add value to products. There are strict restrictions on the qualifications of certified enterprises. Those units that only have support functions, such as design centers, company headquarters, and distribution centers, cannot independently obtain IATF16949:2016 certification.

On December 17, 2021, the IATF certification body officially issued the IATF 16949 certification to our company. The acquisition of this certificate signifies that our products have obtained a green passport to enter the automotive market, laying a solid foundation for our company to actively explore the market for automotive LiDAR chips and providing strong support for participating in the automotive industry market competition. Targeting the emerging autonomous driving LiDAR market, our company closely follows the progress of Tier 1 leading enterprises and takes the lead in passing the IATF 16949 certification.

Obtaining the certification is not an end, but a starting point. In the process of future expansion, new product development, and continuous increase in the output value of LiDAR chips, we will continuously improve our product quality and management methods as the company evolves, providing customers with the most solid quality assurance and better cost control.

Thank you to all customers, friends, and peers who care about and support Guangte Technology! Thank you to all shareholders and the Guangte team! Thank you to all leaders for their guidance and concern!