NEW VISION CO (02632.HK): Secures First HUD Designation on Global Model from Leading German Automaker, Mass Production Planned for 2028

NewTimeSpace News: On 8 September 2026, Jiangsu New Vision Automotive Electronics Co., Ltd. (stock code: 02632) issued a voluntary announcement stating that it had entered the global supply system of an internationally leading German automaker (whose name was withheld under confidentiality requirements) for the first time, and received a project designation for a globally-marketed vehicle model of the customer, under which it will develop and supply HUD (head-up display) products, with mass production planned to commence in 2028 according to the customer's schedule.

According to the announcement, the designation represents significant progress in the company's internationalisation strategy, confirming that its technical strength and product quality have gained recognition from leading overseas OEMs and broadening its competitiveness to a global scope, which validates the viability of its "intelligent manufacturing in China plus global localised delivery" development model. The company said it will continue to expand its first-mover advantage, supporting its "breakthrough into international premium automaker supply chains" and "synergy with Chinese automakers' going-global strategy" as two mutually reinforcing tracks to bring China's leading HUD technology and solutions to the global market.

The announcement cautioned that the subsequent progress of the designation involves uncertainties, and that actual supply volume and amounts may be affected by macroeconomic conditions, exchange rate fluctuations and the customer's actual demand. Shareholders and potential investors are advised to exercise caution when trading the company's shares.

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