On July 1, Corechip Technology proudly announced its successful bid for a significant automotive airbag ignition drive chip project from a leading automotive OEM, with a total contract value of 46 million yuan (tax-exclusive). This achievement underscores the customer's confidence in Corechip's robust R&D capabilities, superior product quality, and reliable supply chain. It is poised to bolster Corechip Technology's competitive edge and elevate its brand reputation within the automotive electronics chip market.