Haorun Auto Electronics: Received a designated order for 430 million yuan smart driving camera system products.

Haon Automotive announced that the company has recently received designated letters of intent for smart driving camera system products from a certain joint venture automotive brand and a certain overseas automotive brand. The project lifecycles are 3 years and 6 years respectively, with an estimated total turnover of approximately 430 million yuan during the lifecycles. Mass production is expected to start in June 2027 and October 2025. These customers are important strategic partners of the company with good operational status and strong performance capabilities. This designated letter of intent signifies the customers recognition of the company's project research and development, production manufacturing, quality management, etc., which will help enhance the company's market share and reputation for its products and is of great significance for the company's positioning in the automotive intelligent driving market.