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Four Dimension Map Signs Component Development Contract with BAIC BJEV

Four Dimension Map Signs Component Development Contract with BAIC BJEV
On July 7, Four Dimension Map announced that it has signed a 'Component Development Contract' with BAIC New Energy to develop parking software products for two of its vehicle models. According to the announcement, Four Dimension Map will leverage its high-tech R&D team and extensive experience in component development and manufacturing to create parking software for a specific vehicle platform of BAIC New Energy. The components produced from this development will meet the needs of BAIC New Energy’s end customers for continuous, stable, safe, comfortable, and convenient vehicle usage. Both parties aim to continuously improve and optimize the components and related process technologies based on existing technologies and development results. Once Four Dimension Map completes the product development work as agreed and obtains written approval from BAIC New Energy, they will negotiate the bulk supply terms. Four Dimension Map stated that signing this development contract demonstrates the client's high recognition of the company's R&D capabilities and product quality, helping the company further leverage its parking technology advantages, expand its parking business, and related assistance driving services, thereby enhancing its profitability. According to public information, Four Dimension Map achieved a revenue of 3.518 billion yuan in 2024, a year-on-year increase of 12.68%. Among this, the Intelligent Cloud business recorded a revenue of 2.254 billion yuan, a year-on-year increase of 28.96%; the Intelligent Chip business generated 566 million yuan, up 10.92% year-on-year; the Intelligent Cabin segment had a revenue of 403 million yuan, down 12.87% year-on-year; and the Intelligent Driving business revenue was 271 million yuan, down 28.08% year-on-year due to product structure adjustments and delivery cycle impacts. From early 2024 to the first quarter of 2025, Four Dimension Map secured new orders for 3 million sets of basic driving products and 600,000 sets of cabin parking products.

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