According to reports, Jierong Technology is a consumer electronic parts company for precision molds and precision structural parts, mainly for 3C industry customers, including Samsung, Huawei, TCL and other world-renowned brand manufacturers.
Of course, this statement is rather vague. In the company announcement, Jierong Technology mentioned such a series of figures: "After further verification by the company, the ODM manufacturer of the company provided Huawei brand products with precision structural parts of the company's products, and the related operating income accounted for 0.46%, 3.48% and 3.7% of the company's operating income in the first half of 20021,2022 and 2023 respectively."
Jierong Technology is an indirect customer of Huawei, but Huawei's related income accounts for a small proportion, and the correlation is not great! From this point of view, Jierong Technology can barely be regarded as a "Huawei concept stock", but its share price has risen so fast that the market is speculating under the banner of "Huawei concept stock".
The Development Course of Huawei
1987, founded in Shenzhen, Guangdong Province, became the sales agent of a Hong Kong company producing PBX. 1989, a PBX independently developed. From 65438 to 0990, PBX technology in hotels and small businesses was independently developed and commercialized. 1992, began to develop and launch rural digital exchange solutions.
In 1994, C&C08 digital program-controlled exchange is introduced. From 65438 to 0995, sales mainly came from the rural market in China. Established the Intellectual Property Department and Beijing R&D Center, and passed the CMM4 certification in 2003.
1996 introduced SDH equipment of integrated service access network and optical network. Signed a contract with Hutchison Whampoa in Hong Kong to provide fixed network solutions. Established Shanghai R&D Center, and passed CMM5 level 5 certification in 2004.
Reference to the above content: Baidu Encyclopedia-Huawei Technology Co., Ltd.