SINYUAN ZM received a supplier designation notice from a domestic automotive parts manufacturer

According to the Zhitong Finance APP, SINYUAN ZM (301398.SZ) announced that the company recently received a supplier designation notification email from a domestic automotive parts manufacturer. The company will develop and supply magnesium alloy powertrain casing components for new energy vehicles for this customer. According to the customer's plan, mass production for this project is expected to begin at the end of March 2026, with a total sales amount of approximately 713 million yuan over the next six years (2026-2031)