PATEO (02889.HK): selected by a leading new energy vehicle OEM as supplier for next-generation cockpit platform

NewTimeSpace News: On 19 August 2026, PATEO CONNECT Technology (Shanghai) Corporation (stock code: 02889) announced in a voluntary announcement that it has received a project award notice from a leading OEM new energy vehicle manufacturer, being selected as the supplier for the 8397 cockpit platform for the customer's next-generation new models. The 8397 is Qualcomm's fifth-generation cockpit computing platform with powerful computing capabilities supporting frontier capabilities including multimodal perception and on-device large model inference; the Company will build a next-generation in-vehicle interaction system equipped with physical AI and omnipresent agents based on this platform, enabling intelligent functions such as real-time environment reasoning, proactive mobility services and natural human-vehicle interaction.

According to the announcement, the project award notice marks wide recognition by mainstream automakers of the Company's technical solutions for building physical AI and in-vehicle agent systems on high-end cockpit platforms; the project implementation will continue to consolidate the Company's market share in the new energy passenger vehicle segment and strengthen its leading edge in frontier in-vehicle AI scenario applications. The Company will actively advance the R&D project and strengthen risk control to mitigate risks from market fluctuations.

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