Behind Engo Optics' 700 Million Yuan Long-term Order: What Are the Barriers in PC Window Process and Delivery Capability?
Engo Optics recently began formal production, with supply of PC transparent parts locked in through 2032 and a total value of about 700 million yuan; the long-term order is closely tied to Ceer. Its process of hardening first and then hot-press bending reduces processing costs by about 40% compared with injection molding, and the products have passed European E-mark and US DOT certification. The delay in Ceer's mass production schedule creates uncertainty for order fulfillment and capacity utilization.