C*Core Technology (688262.SH) wins the bid for a 46 million yuan automotive electronic chip project.

C*Core Technology (688262.SH) announced that the company recently received a "winning bid notice" from a car assembly plant (due to confidentiality requirements, the name cannot be disclosed, hereinafter referred to as "the customer"). The company's automotive safety airbag ignition drive chip won the bid for the customer's safety airbag project. The total bid price is 46 million yuan (excluding taxes).