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XGIMI Technology has made an announcement stating that its wholly-owned subsidiary, Yibin XGIMI Optoelectronics Co., Ltd., has been issued a second development designation notice by a well-recognized domestic automobile original equipment manufacturer (OEM). As a result, Yibin XGIMI will act as a supplier, providing in-car projectors for a specific vehicle model of this customer. This designation is a direct outcome of the company's strategic focus on "enhancing quality and boosting efficiency," and it is in line with the long-term development blueprint of its in-car business sector. Although the project is expected to have a relatively minor impact on this year's financial performance, it is projected to yield positive effects throughout the project's entire lifecycle.
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