On the evening of February 21, Guangfeng Technology (688007. SH) announced that it recently received a development designation notice issued by an international leading brand car company, and will become its automotive optical component supplier, providing it with the exclusive supply of static lights, which are suitable for its global market and a full range of models. The designated project is expected to be mass-produced and shipped in 2025.

According to the announcement, the static lamps supplied by Guangfeng Technology have high-quality effects and significant price competitiveness, which will help the company's vehicle business to further enhance product category innovation, achieve a larger scale and enhance the company's market competitiveness in the automotive industry after mass production. It is expected that the static lamp will be applied to the customer's global market and a full range of models, realizing a major breakthrough in the full line of models of international car companies and full coverage of models in various price ranges.

According to public information, the application scenarios of static lights in the automotive field include but are not limited to brand logo lights, projection lights for safety reminders and welcome lights, etc., combined with AI technology and vehicle machine system, consumers can customize the generation of projection content, and the vehicle can also automatically identify the environment and project warning signs, which has broad prospects for future applications. These features not only enhance the design recognition of the vehicle and the safety of driving at night, but also meet the needs of car companies and consumers for branding, personalization and safety. In the early days, such static lamps were mainly used in high-end luxury models, but with the continuous advancement of technology and the growth of demand, they have gradually been popularized to mid-to-high-end or high-quality new energy vehicles. Exterior projection lamps, represented by static lamps, are becoming an emerging growth point in the field of automotive lighting.

In November last year, Guangfeng Technology announced that it had obtained the designation of dynamic color pixel lamps from an international leading car company, and after 3 months, it once again achieved a breakthrough in the field of automotive lighting.

Guangfeng Technology believes that this designation represents the company's next step in the field of automotive lights, which is the full recognition of the company's on-board product performance and supply qualification by customers. Diversified product capabilities and excellent R&D capabilities have driven the company to further open up the automotive lighting industry chain, which can fully meet the needs of different car companies and models.

So far, Guangfeng Technology is not only the world's first vehicle optical supplier to win the laser projection intelligent headlight fixed-point, but also equipped with the company's world's first vehicle-grade full-color laser projection lamp international models have been successfully listed, it is worth mentioning that the company has built a full range of lighting solutions from static lights, dynamic color pixel lights, to full-color laser projection lights, ALL-in-ONE all-round laser headlights, with rich price bands and comprehensive application scenarios, becoming a strong competitor in the international automotive lighting market.

Guangfeng Technology's 2024 annual performance forecast shows that in 2024, the company's vehicle business will enter a stage of rapid growth, deliver vehicle products with quality and quantity, and achieve an operating income of more than 600 million yuan. Up to now, based on the innovation and differentiation of on-board products, the company has obtained a total of 12 on-board business designations; Among them, 2 fixed points have been obtained in 2025. In the future, the company will actively cooperate with the planning of car companies to carry out mass production and delivery of products that have been fixed, and at the same time continue to improve product innovation and differentiation capabilities, focus on the brand customers of leading car companies, and expand more high-quality fixed-point landing.