On December 30, Gelonghui reported that XGIMI Technology (688696.SH) announced that its wholly-owned subsidiary Yibin XGIMI Optoelectronics Co., Ltd. (referred to as "Yibin XGIMI") recently received the second point development notification from a well-known domestic auto manufacturer (referred to as "client"). Yibin XGIMI will become the designated supplier of onboard projectors for a certain project of this client, supplying smart cockpit display products for its new vehicle models. Yibin XGIMI will strictly follow the client's Order requirements, completing the development, testing, verification, production preparation, and delivery of specified products within the stipulated time frame.
In October this year, Yibin XGIMI obtained the first point from this client, signifying the beginning of the company's deep cooperation with this client. With a deep foundation in product and Technology accumulation, the company successfully advanced its cooperation with this client and quickly received the second point development notification, further consolidating the tight Business relationship between the company and this client and expanding the breadth and depth of cooperation.