XGIMI (688696.SH) has announced that its wholly-owned subsidiary, Yibin XGIMI, has recently been awarded a designated development project by a renowned domestic automaker. Under this agreement, Yibin XGIMI will serve as the exclusive vehicle-mounted projection supplier for a specific model of this automaker. According to the customer's order requirements, Yibin XGIMI is tasked with completing product development, rigorous testing and verification, production preparation, and timely delivery within the stipulated timeframe. This designated development project represents a high-caliber commercialization endeavor for XGIMI's vehicle-mounted business sector, perfectly in line with the company's long-term strategic planning. While it is anticipated to yield a positive impact on the company's overall performance throughout the project's lifecycle, it is not expected to significantly influence this year's operational results.