SLPT signed a product development agreement with Fuyao Glass

According to the Zhitong Finance APP, SLPT announced that the company recently signed a Product Development Agreement with Fuyao Glass, selecting the company as its exclusive supplier for axle drive motor assemblies and controllers for industrial production. According to the client's plan, the project lifecycle is 5 years, with mass production expected to begin in 2025, achieving approximately 800 million yuan in sales over its lifecycle

According to the announcement from Zhitong Finance APP, SLPT (603178.SH) recently signed a "Product Development Agreement" with Fuyao Glass, selecting the company as its exclusive supplier for axle drive motor assemblies and controllers for industrial production. According to the client's plan, the project lifecycle is 5 years, with mass production expected to begin in 2025, achieving approximately 800 million yuan in sales over its lifecycle