President Automobile Industries Public Company Limited informed that the Company has signed a noteworthy OEM (Original Equipment Manufacturer) contract with a leading OEM vehicle manufacturer for air-conditioning parts across range of models. This contract has a period of 4 years for a value of approximately THB 800 million. Additionally, the company has also signed an OES (Original Equipment Service) contract valued approximately THB 400 million over a period of 10 years. The company will start realizing value from OEM contract in first quarter 2022 to fourth quarter 2026. and from OES contract in first quarter 2027 to fourth quarter 2037.