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HIHO vs TRSG

Highway Holdings Ltd and Tungray Technologies Inc Class A Ordinary Shares

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Highway Holdings Ltd

Highway Holdings Limited, together with its subsidiaries, manufactures and sells metal, plastic, electric, and electronic parts and components, subassemblies, and finished products in Hong Kong, China, Europe, and North America. The company operates through two segments, Metal Stamping and Mechanical Original Equipment Manufacturer (OEM), and Electric OEM. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. The company also provides assistance in the design and development of the tooling used in the metal and plastic manufacturing process; manufacturing services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards; and engineering services. In addition, it engages in the trade of plastic injection products; and manufacture and assembly of metal, plastics, mold and electronic products, and automation equipment. The company offers its products to OEMs and contract manufacturers. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.

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Tungray Technologies Inc Class A Ordinary Shares

Tungray Technologies Inc., an engineer-to-order company, through its subsidiaries, provides customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as researches, develops, designs, and manufactures induction brazing and hardening equipment, automatic welding equipment, linear motors, and DD motors; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works. It provides its services to original equipment manufacturers in the industry sectors of semiconductors, printers, electronics, and home appliances. The company was incorporated in 2022 and is headquartered in Singapore, Singapore. Tungray Technologies Inc. operates as a subsidiary of Pegasus Automation Limited.

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