Longhorn Auto: Received fixed-point information on visual perception and panoramic camera system products from overseas automotive brands

Longhorn Auto announced that the company has received a letter of intent for visual perception and panoramic camera system products from a certain overseas automotive brand. The project lifecycle is estimated to be 2-5 years, with a projected total revenue of approximately 387 million yuan during this period, and mass production is expected to begin gradually in January 2026. This client is an important strategic partner for the company, with a good operating condition and strong performance capability. This letter of intent signifies the client's recognition of the company's project research and development, production manufacturing, and quality management, which is beneficial for enhancing the company's product market share and visibility, and holds significant importance for the company's layout in the automotive intelligent driving market. However, it should be noted that the letter of intent is not an order, and the specific sales revenue will be based on actual orders, which will not impact the company's performance for this year. Additionally, due to various factors, there is a certain level of uncertainty in the client's production plans and procurement needs, which may pose a risk of business cooperation not meeting expectations