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ThinkwareSystemsCorporation KRW 29.3 billion dashcam contract with BMW, yuan amount corrected

ThinkwareSystemsCorporation· Single Sales/Supply ContractAmended

AI summary · Not investment advice

ThinkwareSystemsCorporation corrected the yuan amount of its KRW 29.3 billion dashcam supply contract with BMW AG to CNY 146,775,990.08.

Contract amount

KRW 29.3 billion

5.46% of recent revenue

Key facts

Counterparty
BMW AG
Contract details
Supply of ACE 3.0 and 3.1 dashcams for BMW globallyAnnual orders for 2026 and 2027
% of revenue
5.46%
Contract period
Oct 13, 2026 – Jul 23, 2027
Recent revenue
KRW 536.6 billion2025 consolidated
Supply region
Germany
Contract date
Oct 12, 2026

Commentary

AI commentary · Not investment advice

What happened

Thinkware corrected the yuan amount in its filing on a dashcam supply contract with BMW AG. It was first written as CNY 10,606.32; the correct figure is CNY 146,775,990.08. The won amount of KRW 29.3 billion is unchanged. The contract covers BMW's global orders of ACE 3.0 and 3.1 dashcams for 2026 and 2027. Supply runs until July 23, 2027.

In the company's terms

The amount equals 5.46% of recent revenue (KRW 536.6 billion, 2025 consolidated). The company said the amount and period may change as work progresses.

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