Could you please introduce the company's fixed-point production of millimeter-wave radars? How is the company's 4D millimeter-wave radar? Does the company's product cooperate with Tesla? What is the current order and production capacity of air suspension?

2023-03-23 10:34
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Baolong Technology: Hello investors, thank you for your attention to Baolong Technology! So far, the 77Ghz millimeter-wave radar of the subsidiary Baohang Technology has obtained more than ten project points, and its products include forward millimeter-wave radar, BSD millimeter-wave radar and in-cabin millimeter-wave radar. Since entering the mass production stage in May last year, it has rapidly formed a scale this year. The current order volume is 50,000-60,000 radars, and the annual shipment volume is expected to be close to 150,000. Starting in 2021, the company began to develop 4D millimeter-wave radars. It is expected that customer promotion will be carried out in August this year and mass production will be achieved in 2024. The company currently provides Tesla with wheel balance blocks, seat position sensors, valves and other products. The company will maintain communication with Tesla to expand more business opportunities. As more models enter the mass production stage, the company's current air suspension system product output is steadily increasing, and its products include commercial vehicle air springs, passenger car air springs, air spring shock absorber strut assemblies, gas tanks, etc. In terms of production capacity layout, the company currently has 5 passenger car air spring production lines with a maximum annual production capacity of 500,000 units; and 3 gas tank production lines with a maximum annual production capacity of 1 million units.