APG has received a fixed order for IBS
2025-07-01 17:05:45
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APG announced on February 5, 2025 that the Company has received a fixed order fo
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APG announced on February 5, 2025 that the Company has received a fixed order for integrated brake control modules (IBS onebox) for two new energy models from a large domestic automobile group. The project has a life cycle of 5 years (mass production from the first quarter of 2026), and total sales are expected to reach 1 billion yuan. This cooperation highlights the company's competitiveness in the field of new energy automotive electronics, which not only validates its technical strength, but also lays the foundation for future market expansion. Although the performance in 2025 will not be affected for the time being, it will form a stable source of income from 2026 onwards. In the face of fierce competition in the new energy automotive industry, APG plans to take this opportunity to increase R&D investment, promote strategic transformation, and strengthen its market position in the field of intelligent braking systems.
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shanghai caite international trade co.,ltd
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