PATEO (02889) has become the first to be designated by a leading enterprise in the high-end new energy two-wheeler sector, expanding its multi-vehicle intelligent layout to a new territory.

On September 8, PATEO (02889) announced that it has received an official project confirmation notification from a leading domestic high-end new energy two-wheeler enterprise, being selected as a supporting supplier for their brand-new high-end model. PATEO will provide a complete solution for the world's first automotive all-scenario intelligent interactive system (the voice-interactive car system) that possesses complete independent intellectual property rights. This marks the successful extension of PATEO's mature frontier interactive technology from four-wheeled passenger vehicles to the high-end two-wheeler sector, significantly broadening the boundaries of technical commercial application through cross-vehicle technology replication. Entering the two-wheeler arena by supporting new models from high-end leading clients The designated client is a leading domestic high-end new energy two-wheeler enterprise. PATEO will provide a complete solution for the voice-interactive car system for their new high-end model. Entering the two-wheeler sector for the first time with a focus on high-end leading clients sets a high starting point. The announcement introduces that the voice-interactive car system is based on the company's self-developed solid-state sound field intelligent interaction technology, primarily utilizing ultra-thin automotive-grade piezoelectric actuators that enable the vehicle body panels to produce sound directly, while also possessing dual-mode vibration perception capabilities. Compared to traditional speakers, this significantly reduces size and power consumption, with features such as waterproofing, dust resistance, and tolerance to extreme temperatures, precisely matching the outdoor and miniaturized installation requirements of two-wheeled vehicles. After adapting to two-wheeler riding scenarios, the system can achieve 360 surround sound output, personalized riding voice interaction, road risk acoustic warnings, and tapping the body to wake up controls, while also being able to perceive collisions and scrapes in real-time, creating a differentiated safety and entertainment integrated riding experience for high-end two-wheelers. Large displacement, high improvements combined with intelligent upgrades indicate vast market potential for two-wheelers The announcement indicates that the domestic motorcycle ownership is substantial, with an ongoing explosion in the demand for intelligent upgrades of high-end models, providing broad incremental market opportunities. Industry data supports this judgment. According to the China Motorcycle Commercial Association, by 2025, the production and sales of large-displacement leisure motorcycles (over 250cc) in China are projected to be 953,700 units and 952,300 units respectively, representing a year-on-year growth of 23.3% and 25.87%, significantly outpacing the average growth rate of the global large-displacement market, clearly demonstrating a trend driven by consumption upgrades toward high-end models. At the same time, intelligence is becoming an important direction for upgrading the two-wheeler industry. Motorcycles are accelerating their transition from cargo and commuting to technology and recreation attributes. Leading motorcycle manufacturers have successively launched intelligent riding assistance systems that integrate voice interaction and safety warnings. Compared to the rapid advancement of smart integration in passenger vehicles, the intelligent interaction configurations in high-end two-wheelers are still in the beginning stages, providing space for companies with mature automotive-grade interaction technology to enter. Analysts point out that on one side, there is a significant increase in the sales of high-end models, while on the other, intelligent interaction configurations still require enhancement. The smart transformation of two-wheelers is in a window period transitioning from concept to standard feature; suppliers that take the lead in entering the high-end market with mature automotive-grade solutions are likely to secure a first-mover advantage in this incremental market. Cross-vehicle replication of four-wheeled technology to cultivate a long-term source of performance increment PATEO indicates that leveraging its full-chain self-developed technological strength, it continues to promote the extension and implementation of in-vehicle intelligent technology across different vehicle types. This project designation represents the successful extension of the company's mature frontier interactive technology from four-wheeled passenger vehicles to the high-end two-wheeler market. From a strategic layout perspective, PATEO is not entering the two-wheeler market from scratch; rather, it is transferring its existing in-vehicle intelligent interactive capabilities to a new vehicle platform after being adapted to the specific scenarios. Compared to developing an independent product line from the ground up, this technology reuse approach is beneficial in expanding the commercial application scope of existing R&D achievements, and aligns with the companys position as a builder of an integrated soft, hard, core, and cloud ecosystem. From an operational standpoint, this high-end two-wheeler project designation has broadened the company's customer and product application scope. As the project progresses and related technologies continue to iterate, the company is expected to further explore the intelligent demands of two-wheeler mobility and other vehicle types, cultivating new sources of incremental business development. PATEO states that it will continue to iterate and optimize the voice-interactive car system, pushing for deep technological expansion in the two-wheeler mobility market, steadfastly pursuing its position as a builder of an integrated soft, hard, core, and cloud ecosystem, continuously exploring the incremental market for multi-vehicle intelligence, and reinforcing the company's global leading position in multi-modal in-vehicle interactive technology.