The domestic auto parts industry has flourished, with numerous leading enterprises emerging in high-quality sub-sectors that now boast global competitiveness. While nurturing the local market, these companies have concurrently embarked on an aggressive overseas expansion strategy. As of this publication, over 30 A-share auto parts companies have released their 2024 annual reports, revealing significant performance growth for standouts such as Shuanglin Group, Tide Co., Ltd., Meili Technology, Xingmin Zhitong, and Delphi Automotive. The surge in demand for new energy vehicles and the expansion of export operations have emerged as pivotal drivers behind this impressive performance surge.