Cheersson's subsidiary has been designated for the air spring assembly product project by a domestic automotive company
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According to the Zhitong Finance APP, Cheersson announced that its subsidiary Pride Automotive Technology (Suzhou) Co., Ltd. (referred to as "Pride (Suzhou)") recently received a designated notification from a domestic automobile manufacturer, making Pride (Suzhou) a designated supplier for the air spring assembly products of its new energy vehicle models. Based on the client's current sales forecast, the project lifecycle is 6 years, and the total sales revenue for the air spring assembly products throughout the project lifecycle is expected to be approximately 265 million yuan
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