On December 20th, Shenzhen Longli Technology Co., Ltd. (hereinafter referred to as “Longli”) issued an announcement regarding a significant contract update. The company stated that it recently held further discussions with Germany’s Bosch regarding a previously signed agreement to supply automotive Mini LED backlight display modules for a BMW project from 2025 to 2033. As a result of these discussions, the decision was made to terminate the “Long-Term Contract.” Longli explained that the contract was an international long-term agreem…