Does the 1 billion purchase order signed between the company and Hubei Yijiatong Technology involve profit transfer? This company doesn't seem to be very good, why did it sign such a large purchase contract?

Neusoft Group: Hello! Ecarx is a technology ecosystem enterprise of Geely Auto. Neusoft previously developed the smart cockpit system based on the Ecarx E01 chip and jointly built with Ecarx. It has been successfully mass-produced and installed in more than 20 models of Geely Auto's domestic and foreign brands, such as Geely Xingrui, Lynk & Co 06, and Proton X50. The company signed a framework contract with Ecarx this time, which is based on relevant commercial arrangements and business development. During the period from 2021 to 2024 covered by the framework contract, if the purchase reaches the specific total amount agreed in the framework contract, it is expected that the main business cost will increase by a total of approximately RMB 1 billion, and the company's actual purchase amount will be directly related to factors such as the actual market demand and output of the relevant products. This cooperation marks the transformation of the two parties from the supply and demand relationship of the industrial chain to a strategic partnership, giving full play to the advantages of both parties and realizing the efficient integration of hardware and software in the automotive ecosystem. For more details, please pay attention to the relevant announcement disclosed by the company on April 29, 2021.