An introduction to the ultrasonic radar project between Haowen Automotive and well-known leading new energy vehicle manufacturers

Haun Automotive: Dear investors, thank you for your attention. Recently, Haun Automotive has received orders for ultrasonic radar system (PDC) projects from well-known leading new energy vehicle manufacturers and intelligent parking system (APA) projects from well-known joint venture automobile manufacturers. The above projects are scheduled to be mass-produced in September 2024 and December 2024 respectively. According to the plans of relevant automobile manufacturers, the life cycle of the above projects is 4 years, and the total life cycle amount is estimated to be about 75 million yuan.