Iflytek Co.Ltd(002230) : the company’s front loaded vehicles are expected to achieve 70% revenue growth this year

Iflytek Co.Ltd(002230) (002230) said that in 2021, iFLYTEK installed 7 million vehicles, reached cooperation with more than 40 auto enterprises and reserved more than 1100 models. Automobile is a cycle product. There is often an 18 month cycle from product R & D to launch. The company has made a lot of reserves in 2021. With the further increase of the proportion of new energy vehicles in 2022, the company’s front loaded vehicles are expected to further increase to 9 million and more than 260 cooperative models. From the current situation, it is expected to achieve 70% revenue growth in 2022.