Faway Automobile Components to Generate 4.9 Billion Yuan From Car Seat Order
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Changchun Faway Automobile Components expects to generate sales worth 4.9 billion yuan from an order to produce car seats, according to a Shanghai bourse filing on Tuesday. The automotive seat manufacturer will provide seats for two vehicle models for a domestic luxury brand, with the production expected to start in March 2026 and September 2026, respectively. The client's project is estimated to run between six and seven years. The company's shares jumped less than 3% at the close of Tuesday's trade.
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