Zhejiang Tenchen Controls(603085.SH) subsidiary received a designated notification for a project from a leading domestic automobile enterprise

Zhejiang Tenchen Controls (603085.SH) announced that its wholly-owned subsidiary, Wuhan Zhejiang Tenchen Controls Automotive Seat Co., Ltd. (referred to as "Wuhan Tiancheng"), recently received a designated notice from a leading domestic automotive enterprise (due to a confidentiality agreement, the name cannot be disclosed, referred to as "the customer") for the passenger car seat assembly project. Wuhan Tiancheng has been identified as the designated supplier for a passenger car seat assembly project for the customer. According to the customer's plan, the project is expected to start mass production in October 2026, with a project lifecycle of 4 years, and an estimated total of 100,000 passenger cars to be supported during the project period. The company once again obtaining the designated project from this customer indicates the customer's recognition of the company's continuous innovation capabilities, research and development capabilities, product quality, and full industry chain support capabilities. This cooperation is a demonstration of the company's continuous expansion and deepening in the passenger car market, which will help strengthen and enhance the company's influence in the passenger car sector, further increase the company's market share in the passenger car seat business, and is of great significance for the company's stable and sustainable development. The company will continue to actively expand the passenger car seat market and further strengthen its presence in the passenger car seat business. The company's passenger car seat business mainly includes core components such as automotive seat complete seats and seat frames, slides, tilt adjusters, height adjusters, motors, etc. The experience in service and customer resources accumulation, as well as the enhancement of technological innovation capabilities, will help the company further expand its competitiveness and influence in the field of passenger car seats, and is of great significance for the company's expansion and development in the passenger car seat market.