Zhejiang Konghui Automotive Technologies Co., Ltd. (hereinafter referred to as "KHAT"), a company to be listed, was jointly founded by Mr. Guo Konghui, one of the first batch of academicians of Chinese Academy of Engineering and the first academician of automobile industry, Guo Chuan and the team, located in Wuxing District, Huzhou City, Zhejiang Province. The new base covers an area of 97 mu, with a plant area of 100,000 m2, which can accommodate an annual production capacity of 1.8 million sets. KHAT has been awarded the qualification of National High-tech Enterprise, Zhejiang Provincial R&D Center and National "Little Giant" Enterprise for Specialized Innovation. The "Passenger Car Electronic Control Suspension (Double Chamber Structure) System Assembly" was identified as the first domestic product (set) in 2022. It is the first enterprise in China to realize OEM mass production and supply of passenger car air suspension system. At present, it has more than 100 invention patents and 450 employees. At present, it has obtained the qualification of air suspension system or air spring assembly for more than 40 models from 14 automobile enterprises such as Voyah, Li, ZEEKR, BYD, Chang'an, AVATR, AION and Chery.