The subsidiary of Zhejiang Tenchen Controls (603085.SH) has received a designated notification for a passenger car seat assembly project from a well-known domestic automotive company.
Tiancheng Smart Control (603085.SH) announced that its wholly-owned subsidiary Anhui Tiancheng Smart Control Automotive Seating Co., Ltd...
Zhejiang Tenchen Controls (603085.SH) announced that its wholly-owned subsidiary Anhui Zhejiang Tenchen Controls Automotive Seating Co., Ltd. (referred to as "Anhui Tiancheng") recently received a notification from a well-known domestic automotive company (restricted by a confidentiality agreement, the name cannot be disclosed, referred to as "the customer") for the designated seating assembly project for passenger cars. Anhui Tiancheng has been identified as the designated supplier for the seating assembly project for passenger cars by the customer. According to the customer's plan, the project is expected to start mass production in March 2026, with a project lifecycle of 5 years, and an estimated total of 480,000 passenger cars to be equipped within the project period.
The company once again obtaining the designation for this customer project marks the customer's recognition of the company's continuous innovation capacity, research and development capability, product quality, and overall industry chain support capability. This collaboration reflects the company's ongoing expansion and deepening in the passenger car market, which is beneficial for consolidating and enhancing the company's influence in the passenger car sector, further increasing the company's market share in the passenger car seating business, and holding important significance for the company's steady and sustainable development. The company will continue to actively expand in the passenger car seating market and further strengthen its presence in the passenger car seating business.
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