On September 8, PATEO (02889) announced via a voluntary filing that it has received a formal project nomination letter from a leading domestic high-end new-energy two-wheeler manufacturer. The company has been selected as the designated supplier for the manufacturer's brand-new premium model, delivering the world's first full solution for an automotive-grade all-scenario intelligent interaction system (a voice-enabled vehicle interaction system) that carries complete, independently owned intellectual property.

This milestone marks the successful extension of PATEO's mature front-end interaction technology from four-wheel passenger vehicles into the premium two-wheeler segment, achieving cross-vehicle technology replication and significantly broadening the commercial application boundaries of its proprietary innovations.

Entering the Two-Wheeler Arena with a Premium Headline Client

The nominated client is a top-tier domestic high-end new-energy two-wheeler enterprise. PATEO will equip the client's upcoming premium model with the complete "voice-enabled vehicle interaction system" solution. Entering the two-wheel track for the first time while securing a high-end headline customer underscores an ambitious starting point.

According to the announcement, the system is built on the company's self-developed solid-state acoustic field intelligent interaction technology. Its core component is an ultra-thin automotive-grade piezoelectric actuator that drives the vehicle's outer panels to emit sound directly, while also enabling dual-mode vibration sensing. Compared with traditional speakers, this design significantly reduces both volume and power consumption, and offers superior waterproof, dustproof, and extreme-temperature resistance—features that precisely match the outdoor and compact installation demands of two-wheelers.

After targeted adaptation for two-wheel riding scenarios, the system delivers 360-degree surround sound output, personalized riding voice interaction, acoustic alerts for road hazards, and wake-and-control functions triggered by a light tap on the vehicle body. It can also detect abnormal impacts or scratches in real time, creating a differentiated safety and entertainment integrated riding experience for premium motorcycles.

High Displacement Growth and Smart Upgrades Unlock Vast Two-Wheeler Market Potential

The announcement highlights the massive installed base of domestic two-wheel motorcycles and the surging demand for intelligent upgrades in premium models, pointing to substantial incremental market headroom.

Industry data supports this outlook. According to the China Motorcycle Chamber of Commerce, production and sales of leisure motorcycles above 250cc reached 953,700 and 952,300 units in 2025, respectively, representing year-on-year growth of 23.3% and 25.87%—far outpacing the global large-displacement market average. The clear trend toward premiumization, driven by consumption upgrades, is unmistakable.

Meanwhile, intelligence is emerging as a key axis of two-wheeler industry transformation. Motorcycles are rapidly shifting from utilitarian "cargo" and "commuting" roles toward "tech-driven" and "lifestyle" attributes. Leading motorcycle manufacturers have begun rolling out smart riding assistance systems that integrate voice interaction and safety warnings. However, compared with the rapid penetration of intelligence in passenger vehicles, the adoption of intelligent interaction features in high-end two-wheelers remains in its early stages, leaving a clear entry window for companies with mature automotive-grade interaction technology.

Analysts point out that with high-displacement models posting strong sales growth while smart interaction configurations remain under-deployed, two-wheeler intelligence is entering a window where it transitions from concept to standard equipment. Suppliers that move early with proven automotive-grade solutions to secure premium headliners are well positioned to capture first-mover advantage in this incremental market.

Cross-Vehicle Technology Replication Builds Long-Term Revenue Engine

PATEO stated that its full-chain, self-developed technology capabilities enable the company to continuously push in-vehicle intelligent technologies across different vehicle platforms. This nomination represents the successful migration of its mature four-wheel passenger vehicle front-end interaction technology into the high-end two-wheeler segment.

From a strategic pathway perspective, PATEO is not entering the two-wheeler market from scratch. Instead, the company is adapting its existing in-vehicle intelligent interaction capabilities through scenario-specific customization and migrating them to a new vehicle platform. Compared with developing an entirely independent product line, this technology-reuse approach expands the commercial application scope of existing R&D outcomes and aligns with the company's positioning as a builder of an integrated "software-hardware-chip-cloud" ecosystem.

On the operational front, this high-end two-wheeler project nomination broadens the company's customer base and product application scope. As the project progresses and related technologies continue to iterate, PATEO is poised to further tap into the intelligence needs of two-wheel mobility and other vehicle types, cultivating new incremental revenue sources for long-term business growth.

PATEO reaffirmed its commitment to continuously iterating and optimizing the "voice-enabled vehicle interaction system," deepening the technology's penetration into the two-wheel mobility market, and steadfastly executing its vision as a builder of the "software-hardware-chip-cloud" integrated ecosystem. The company remains dedicated to capturing growth opportunities in the multi-vehicle intelligence market and reinforcing its global leadership in full-scenario, multi-modal vehicle interaction technology.