C*Core Technology (688262.SH): Successfully Completed Internal Testing of New Integrated Car Electronic Chassis Drive Control Chip Product.

C*Core Technology (688262.SH) announced that their integrated automotive electronic chassis drive control chip product "CCL2200B" has recently been successfully tested within the company. The company's successful development of the CCL2200B is an integrated mixed-signal chip specifically for automotive electronic stability controllers (ESC/ESP/OneBox) electromagnetic valve drivers, which are essential components of ESC/ESP/OneBox and other active safety stability systems for automotive chassis control. It is reported that the resources and configurations of this chip can meet the application requirements of automotive electronic stability controllers, and it can serve as a substitute for foreign products such as NXP Semiconductor's SC900719 or STMicroelectronics' L9388. Additionally, to address the shortcomings of foreign competitive applications, this new product has been enhanced with expanded functionalities. The company has complete independent intellectual property rights for the newly developed chip product CCL2200B. This new product enriches the company's automotive electronic chip product line and can be a complete solution in the chassis control field when combined with the company's high-performance MCU CCFC3008PC, strengthening the company's competitiveness in the automotive electronic chassis field. It is expected to have a positive impact on the company's market expansion and performance growth in the future automotive electronic business.