# 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.

- Type: Contract
- Announced: 2025-09-16
- Where: China
- Value: $351.3M (2.50B CNY)
- Status: announced
- Products: camera perception systems, AK2 radar systems, advanced driver assistance systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shenzhen Longhorn Automotive Electronic Equipment](https://endata.com/companies/87718.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinese-smart-driving-tech-firm-longhorn-auto-surges-after-getting-loi-for-usd351-million-order), 2025-09-17: "The LOI is not an order, and the actual value will be determined once the order is confirmed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.