Neusoft Corporation (600718.SH) Secures Automotive OEM Designation with Estimated Total Contract Value of RMB 4.2 Billion

Stock News11-19

Neusoft Corporation (600718.SH) announced that it has recently received a designation notice from a major domestic automotive OEM (subject to confidentiality clauses, the specific name cannot be disclosed, hereinafter referred to as "the OEM") to serve as its designated supplier for intelligent cockpit domain controllers. According to the OEM's plan, these products will be deployed in multiple vehicle models scheduled for mass production between 2026 and 2027, with an estimated lifecycle of approximately six years. During this period, the company expects to supply intelligent cockpit domain controllers with a total contract value of around RMB 4.2 billion.

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