Anhui Xinbo Aluminum (003038.SZ) received a notification of the specific models ordered by customers, with estimated total sales amount of 880 million RMB.
19/11/2024
GMT Eight
Anhui Xinbo Aluminum (003038.SZ) announced that the company has recently received a designated notification from a major domestic automotive company and its controlling subsidiary (referred to as "customer" due to confidentiality agreement). The customer has chosen the company as the supplier of components such as front cabin reinforcement assemblies and front collision beam assemblies, responsible for the customized development and delivery of the mentioned products. According to the customer's plan, the project is expected to enter mass production in June 2025, with a 5-year lifecycle and an estimated total sales amount of 880 million yuan.
The company obtaining the customer's designation to provide products such as front cabin reinforcement assemblies and front collision beam assemblies will have a positive impact on the company's business expansion and future performance, benefiting the company's business layout and sustainable development. The company will strictly follow the customer's requirements to complete the product development and delivery within the specified time. These developments will further enhance the company's influence in the new energy vehicle market, promoting the overall competitiveness of the company.