Liangdao Intelligence received an international order worth tens of millions of yuan

We have recently won an international order worth tens of millions of yuan, which is a very good "opening" project for us. Dr. Ju Xueming, CEO of Liangdao Intelligence, said, "The new project is a mass production project for L3 models, which will help customers achieve fully automated true-value production. This is the first project order signed by Liangdao with a global leading OEM in 2024. This year, we will also launch a new generation of LiDAR products with better performance and lower cost through integrated chips and localized supply chain deployment. We plan to invest more than 500 million yuan to build a LiDAR R&D center and production line in Beijing Economic and Technological Development Zone. In the future, we will strive to reduce the price of pure solid-state LiDAR to less than 1,000 yuan and accelerate mass production.