Longhorn Auto (301488.SZ) received a letter of intent for the procurement of intelligent driving camera systems from a certain joint venture automotive brand.

date
15:59 26/02/2025
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GMT Eight
Haoen Automotive Electronics (301488.SZ) announcement, the company is focused on the research, development, and design of intelligent driving perception systems for automobiles.
Longhorn Auto (301488.SZ) announced that the company is a national high-tech enterprise focused on the research, design, manufacturing, and sales of automotive intelligent driving perception systems. The company recently received a letter of intent for intelligent driving camera system products from a certain joint venture automotive brand. The letter states that the project will have a 5-year lifecycle, with an estimated total revenue of approximately 408 million RMB within that timeframe, and production is expected to begin in March 2026.