Baolong Technology

Baolong Technology (603197.SH) received a Letter of Intent from a leading Chinese new energy vehicle OEM to supply front and rear air springs for a new project. The contract has a lifecycle of 4 years with a total value exceeding 640 million CNY, with mass production expected to start in October 2025.

Baolong Technology has received a letter of intent from a European premium automaker to be the supplier of air suspension system air reservoirs for a new global platform project. The contract has a lifecycle of 9 years with a total value exceeding 230 million yuan, with mass production expected to begin in the first half of 2025.

Baolong Technology received a letter of intent from a joint-venture automotive OEM to supply front and rear air springs for a new platform project. The contract has a lifecycle of 7 years and a total value exceeding CNY 240 million, with mass production expected to start in the first half of 2025.

Baolong Technology (603197.SH) received a Letter of Intent from a European OEM to supply brake wear sensors for a new platform project. The contract has a total value exceeding CNY 140 million over 6 years, with mass production expected to start in September 2023.

Baolong Technology received a letter of intent from a major Chinese automaker to supply air suspension air supply units for three vehicle platforms, with a total sales value exceeding 1.3 billion yuan over five years, starting mass production in early 2024.

Baolong Technology received a letter of intent from a Chinese new energy vehicle brand to supply air suspension system air reservoirs for a new platform project. The contract has a total value of over CNY 150 million over 5 years, with mass production expected in the first half of 2023.