Subsidiary of Suzhou Cheersson Precision Industry Group (002976.SZ) secures contract for air spring assembly product project from a domestic automotive company.

Suzhou Cheersson Precision Industry Group (002976.SZ) announced that its subsidiary, Pride Automotive Technology (Suzhou) Co., Ltd. (referred to as "Pride (Suzhou)"), has recently received a designated notification from a domestic automotive company. Pride (Suzhou) has become the designated supplier for its new energy vehicle air spring assembly products. According to the customer's current sales forecast, the project's lifecycle is 6 years, and the estimated sales revenue of the air spring assembly product for this project is approximately 265 million yuan throughout the entire lifecycle.