Longli wins long-term contract for vehicle-mounted Mini LED modules exceeding 3 billion yuan

Longli Technology announced at noon on October 17 that the company plans to sign a "Multi-annual Contract" ("Long-term Contract") with Robert Bosch GmbH ("Bosch of Germany"). The company plans to provide Bosch of Germany with vehicle-mounted Mini-LED backlight display module products required from 2025 to 2033. The contract value is approximately US$421 million, equivalent to approximately RMB 3.027 billion.


According to reports, Longli Technology has invested a lot of money and manpower in the research and development of Mini-LED technology since 2016, taking the lead in achieving technological breakthroughs in multiple application fields. It has been successfully used in automotive displays, tablets, laptops, TVs, monitors, VR and other fields. Longli Technology's Mini-LED vehicle display products have been widely used in various vehicle display components such as instruments, central controls, air conditioners, built-in rearview mirror displays, etc., and have been recognized by domestic and foreign car companies. In order to further accelerate the company's expansion into the international automotive market, the company plans to sign a major daily operating contract with Bosch of Germany to provide Bosch of Germany with the automotive Mini-LED backlight display module products required from 2025 to 2033.
Longli Technology stated that the signing of this contract will further highlight the company’s dominant position in the automotive industry with its automotive Mini-LED backlight display module technology and will further accelerate the company’s expansion into the country.The development of the international automobile market. At the same time, cooperation with world-class enterprises will further promote the continuous innovation and upgrading of the company's technology, the continuous improvement of product quality, and create greater commercial value for both parties.