PATEO Connect Technology (Shanghai) Corporation Announces Strategic Cooperation with AUMOVIO

Key Highlights

• Strategic Cooperation Memorandum of Understanding (MOU) Signed: PATEO Connect Technology (Shanghai) Corporation (“PATEO” or “the Company”, Stock Code: 2889) has entered into a significant strategic cooperation MOU with AUMOVIO Holding China Co., Ltd. (“AUMOVIO”) on April 25, 2026.
• Focus on High-Performance Cross-Domain Integration & Artificial General Intelligence (AGI): The collaboration centers on the joint development of advanced automotive technologies, specifically in high-performance cross-domain integration and AGI, with the aim to accelerate global market expansion.
• Joint Research & Development: The two companies will leverage their combined expertise in high-computing SoC platforms, integrated cockpit-driving domain controllers, and AGI algorithm R&D to promote high-computing SDV domain control and AGI automotive application demonstration projects.
• Formation of Joint Product Teams: PATEO and AUMOVIO will form dedicated teams to focus on the development and demonstration of AGI-powered automotive application products.
• Global Market Expansion & Supply Chain Coordination: The partnership aims to combine both companies’ strengths in technology, supply chain, production, and OEM customer networks to expand their presence globally, with particular focus on resilient supply chains, cost optimization, and improved product price competitiveness.
• Deepened Technology Collaboration: The companies will uphold joint investment and technology collaboration principles, targeting the development of next-generation high-computing and intelligent SDV (Software Defined Vehicle) technologies and products.
• Potential Impact on Share Value: This partnership positions PATEO at the forefront of automotive intelligence technology, which could be transformational in the industry and may have a material impact on the Company’s future performance and share value.

Details of the Strategic Cooperation

The newly signed MOU outlines several concrete areas of collaboration:

1. Joint R&D and Product Integration: Both parties will combine their existing technological foundations and product portfolios in intelligent driving, intelligent cockpits, and domain controllers to enhance core competitiveness in cross-domain integrated automotive products.
2. Formation of Joint Teams for Demonstration Projects: A dedicated joint team will be established to develop and showcase AGI-driven automotive applications, underscoring a commitment to innovation and industry leadership.
3. Global Market Expansion and Supply Chain Synergy: Leveraging each company’s respective advantages in technology, customer base, supply chains, and manufacturing, the partnership aims to achieve a “channel + product” alliance to rapidly expand global SDV domain control and AGI application businesses. The companies will also explore deeper electronic component supply chain coordination, standardizing design and scaling procurement to enhance resilience and cost competitiveness.
4. Joint Development and Technology Sharing: Through joint investment and technology collaboration, the partners will develop industry-leading, high-computing, and intelligent SDV technologies and products, with the goal of advancing the industrial implementation of these next-generation automotive innovations.

About AUMOVIO

AUMOVIO Holding China Co., Ltd. was established in August 2007 and is a wholly-owned subsidiary of AUMOVIO SE, a DAX-listed company on the Frankfurt Stock Exchange. AUMOVIO Group is recognized as one of the world’s leaders in automotive electronics technology, adding substantial credibility and global reach to this partnership.

Implications for Shareholders and Investors

• This strategic cooperation marks a significant development for PATEO, potentially opening up new revenue streams and global market opportunities.
• The partnership with a DAX-listed, globally renowned automotive electronics company like AUMOVIO could enhance PATEO’s technology offerings, accelerate product innovation, and strengthen its market positioning in the rapidly evolving field of automotive intelligence and SDV technology.
• The focus on AGI and cross-domain integration may result in PATEO becoming a key player in future intelligent mobility platforms, potentially boosting future earnings and enhancing shareholder value.
• Shareholders and potential investors are advised that this development could be price-sensitive given its transformative potential for the Company’s product pipeline and global market access.

Board Statement

The announcement was authorized by the Board of PATEO Connect Technology (Shanghai) Corporation and signed by Chairman Ying Zhenkai in Shanghai on April 27, 2026. The Board currently comprises a mix of executive, non-executive, and independent non-executive directors, underscoring a broad governance structure.

Disclaimer

Disclaimer: The above article is intended for informational purposes only. Shareholders and potential investors should exercise caution when dealing in the securities of PATEO Connect Technology (Shanghai) Corporation. The cooperation is at the memorandum stage and there is no certainty regarding the final outcome or the materialization of anticipated benefits. Please refer to official company announcements and consult professional advisors before making any investment decisions.

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