According to the Zhitong Finance APP, Longhorn Auto (301488.SZ) announced that the company is a national high-tech enterprise focused on the research, design, manufacturing, and sales of automotive intelligent driving perception systems. The company recently received a project confirmation from a global automotive brand (the specific name of the client cannot be disclosed due to a confidentiality agreement between both parties) for the ADAS camera perception system (11 units per vehicle) and AK2 radar system (12 units per vehicle).

The project confirmation indicates that the project lifecycle is 5 years, with an estimated total revenue of approximately 2.477 billion yuan over the lifecycle, and mass production is expected to begin in April 2026