How can the economy recover in 2023? The answer is manufacturing.More specifically, it is the auto industry, the backbone of manufacturing. It plays a critical role in a country's economy. Germany and Japan demonstrate it with the auto industry contributing directly and indirectly to 10% to 20% of their national GDP. Laser processing technology is a widely used manufacturing technique that actively promotes the development of the auto industry, thereby driving economic recovery. The industrial laser processing equipment industry is poised to regain momentum. The laser welding equipment is in a dividend period, with market size rapidly expanding, and the leading effect becoming increasingly evident. It is expected to be the fastest-growing application field in the next 5-10 years. Additionally, the market for car-mounted laser radar is expected to enter a period of rapid development, and the laser communication market is projected to grow rapidly. TEYU Chiller will follow the development of laser technology, and produce more water chillers that are more suitable for laser industry applications, promoting the application of laser technology in the automotive industry.