Ningbo Sinyuan Zm Technology (301398.SZ) received a notification from the customer specifying the project, and is expected to start mass production from June 2025.
24/09/2024
GMT Eight
Ningbo Sinyuan Zm Technology (301398.SZ) announced that the company has recently received a designated supplier notification from a certain automobile parts manufacturer (due to confidentiality requirements, the name cannot be disclosed, hereinafter referred to as "the customer"). The company will be developing and supplying new energy vehicle magnesium alloy gearbox housings for this customer. According to the customer's plan, the project is expected to go into mass production starting in June 2025, with an estimated total sales amount of approximately 170 million RMB over the next three years (2025-2027).