Neusoft Obtains a New Order from Geely Automobile

April 23, 2021- Neusoft Corporation (Neusoft) announced that it has recently received a designation notice from ECARX (Hubei) Technology Co., Ltd. (ECARX) to customize and supply the infotainment systems for Geely Automobile with the total amount expected to be around RMB1.2 billion. According to the announcement, Neusoft has been designated by ECARX as its component supplier to provide customized infotainment systems as required by the automaker.

ECARX is the technological and ecological enterprise of Geely Automobile. The infotainment systems supplied under this order will be applied to the new generation in-vehicle systems of Geely Automobile, involving more than ten models, such as Geely, Lynk&Co, Geometry, etc. This will be another important progress and breakthrough for Neusoft in the smart cockpit products, and is of great significance to its business layout as well as sustained & rapid development.

This designation project is a continuation of the cooperation among Neusoft, Geely Automobile and ECARX. The smart cockpit systems previously developed by Neusoft together with ECARX based on the E01 chip of ECARX have been successfully mass-produced and applied in more than 20 models of domestic and foreign brands of Geely, such as Geely Preface, Lynk&Co 06 and Proton X50.

Neusoft is the world's leading automotive electronics service provider and has been devoted itself to the automotive electronics business for nearly 30 years. As an overall supplier of in-vehicle systems, Neusoft’s in-vehicle mass products have been used by most of domestic automakers and some overseas models of international automakers.

According to the announcement, the project cycle is from 2021 to 2024, and the target vehicle models are expected to be gradually mass-produced and put into market at the end of 2021.