Xgimi Technology's subsidiary received a notification from a customer to develop a specific point.

Xgimi Technology (688696.SH) announced that its wholly-owned subsidiary, Yibin Xgimi Optoelectronics Co., Ltd. (referred to as "Yibin Xgimi"), recently received a development designation notice from a well-known domestic automotive head unit manufacturer. Yibin Xgimi will become the in-car projection supplier for a certain model of this customer. This designated development notice is advantageous for the company's expansion and continued development in the smart cockpit display business, aligning with the interests of the company and shareholders. The development designation notice does not constitute an order or sales contract, and is not expected to have a significant impact on the company's operating performance for the current year. After the products involved in this designated development are mass-produced, the company will recognize product income based on the actual order delivery situation of this customer, with a positive impact expected on the company's operating performance throughout the project's lifecycle.