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Sep 16, 2025CONTRACTChina

Longhorn Auto receives LOI for CNY2.5 billion order from global automotive client

Shenzhen Longhorn Automotive Electronic Equipment received a letter of intent for a CNY2.5 billion (USD351.3 million) order from a global automotive client. The company will provide camera perception systems and AK2 radar systems under its ADAS for five years, with mass production starting in April 2026.

Value

$351.3M (2.50B CNY)

Status

Announced

Productscamera perception systemsAK2 radar systemsadvanced driver assistance systems

CompaniesShenzhen Longhorn Automotive Electronic Equipment

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“The LOI is not an order, and the actual value will be determined once the order is confirmed.”yicaiglobal.com

1 source
yicaiglobal.comChinese Smart Driving Tech Firm Longhorn Auto Surges After Getting LOI for USD351 Million OrderXu WeiSep 17, 2025

Summarized from public sources; check the original articles before acting on it.

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