Zhejiang Jingu (002488.SZ) has received the notification of the designated location for the Avatar low-carbon wheel project.

Zhejiang Jingu (002488.SZ) announced that the company has recently received a designated notification from a well-known international automotive OEM (due to confidentiality requirements, the name cannot be disclosed, referred to as "the customer"). The company will serve as a component supplier for the customer, developing Avatar low-carbon wheel products for its heavy truck models, and will complete the product development work as required. This is the company's first OE project designation in the heavy truck field in Europe, marking a milestone. This breakthrough signifies the successful entry of the company's Avatar low-carbon wheel products into the European heavy truck OE market, achieving an important leap for the products in the European region. This not only reflects the customer's full affirmation of the company's Avatar low-carbon wheel products in research and development, design, technical quality, and production capacity, but also further demonstrates the company's comprehensive competitiveness and growth potential, laying a solid foundation for the company to expand into the European heavy truck accessory market. The above project is planned to start mass production in September this year, and is expected to have an impact on the company's revenue and profit levels for the current year.