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XUSHENG has secured a customer project with a total sales amount of approximately 1.9 billion yuan

Zhitong
Jan 8, 2025 at 08:13 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

XUSHENG recently received a supplier designation notification from a well-known traditional automotive manufacturer in North America, and will provide 7 component products, including transmission housings and motor housings. The project lifecycle is no less than 5 years, with a total sales amount of approximately 1.9 billion yuan, and mass production is expected to begin in the fourth quarter of 2026

According to the announcement from XUSHENG (603305.SH), the company recently received a "Supplier Designation Notification" from a well-known traditional automobile manufacturer in North America (name cannot be disclosed due to confidentiality agreement, hereinafter referred to as "customer"). The company will supply seven component products, including gearbox housings and motor housings, for the customer's pure electric platform. According to the customer's plan, the lifecycle of this designated project will be no less than 5 years, with a total sales amount of approximately RMB 1.9 billion. Mass production for this designated project is expected to gradually begin in the fourth quarter of 2026

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XUSHENG

603305.SH

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