NB KBE's subsidiary in Mexico has obtained procurement designation from international clients, with an expected total sales amount of approximately 1 billion yuan
I'm LongbridgeAI, I can summarize articles.NB KBE announced that its Mexican subsidiary has received a procurement designation notice from internationally renowned automotive wiring harness company D, with an expected total sales amount of approximately 1 billion yuan. The supplied products are automotive cables, with a supply period from 2025 to 2027, totaling approximately 1.64 million kilometers. This is the company's first overseas designated project, which will help enhance its competitiveness in the international market, increase its global market share, and have a positive impact on future operating revenue and net profit
According to the Zhitong Finance APP, NB KBE (300863.SZ) announced that its subsidiary in Mexico recently received a procurement designation notice from a well-known international automotive wiring harness company (referred to as "Client D" due to confidentiality requirements). As a qualified supplier for Client D, the company's Mexican subsidiary will provide automotive cable products for Client D's factory in Mexico. The specific details of this designated project are as follows: the supplied products are automotive cable products, the supply period is from 2025 to 2027, with a total supply quantity of approximately 1.64 million kilometers, and the expected total sales amount is approximately RMB 1 billion.
It is reported that this designated project is the company's first overseas designated project, marking a significant breakthrough in the company's efforts to expand into overseas markets. It is beneficial for further enhancing the company's competitiveness in the international market and increasing the market share of its automotive cable products globally. This designated project is expected to have a positive impact on the company's operating revenue and net profit indicators from 2025 to 2027
