This is an amended filing · View original →
ThinkwareSystemsCorporation KRW 29.3 billion dashcam contract with BMW, yuan amount corrected
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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