Hoene Automotive Electronics: The company has received a designated letter from a leading new energy vehicle brand, estimating a total turnover of approximately 470 million yuan during the project lifecycle.

Hao'en Auto Electric Announcement, the company recently received a fixed-point letter for the panoramic visual perception system, AK2 ultrasonic radar system, DMS, and vehicle-mounted video driving record system products from a leading new energy vehicle brand. The project lifecycle is 2-5 years, with an estimated total turnover of about 470 million yuan within the projected lifecycle, and mass production is expected to begin in December 2025. This customer is an important strategic partner for the company, with good business conditions and strong performance capabilities. The receipt of this fixed-point letter signifies the company's comprehensive strength in the field of intelligent driving perception systems, which will help enhance the company's market share and visibility, and have a positive impact on the company's future operational performance.