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On September 30th, in the afternoon earnings briefing, Yuan Yongbin, the Chairman of Bethel, disclosed that the company's suspension products have successfully clinched multiple designated projects from three leading OEMs (Original Equipment Manufacturers). Large-scale production of these products is anticipated in the latter half of the year. After the commencement of mass production for Li Auto's EMB (Electro-Mechanical Brake) project, the company has further secured four additional designated projects for mass production. This has contributed to a substantial uptick in EMB shipments during the third quarter. Based on the existing customer orders, the company foresees a consistent upward trajectory in its performance throughout the second half of the year.
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