NBJF has been awarded the passenger car seat assembly project with an expected total lifecycle amount of 1.3 billion yuan

According to the Zhitong Finance APP, Jifeng Co., Ltd. (603997.SH) announced that its wholly-owned subsidiary Jifeng Seating (Hefei) recently received a designated email from a customer. Jifeng Seating (Hefei) has been designated for a seat assembly project by a leading OEM (name cannot be disclosed due to confidentiality agreement) and will develop and produce front seat assembly products for the customer. According to the customer's plan, the project is expected to start mass production in April 2026, with a project lifecycle of 6 years and an estimated total amount of 1.3 billion yuan over the lifecycle