Zhejiang Songyuan Automotive Safety Systems (300893.SZ) subsidiary has obtained approximately 691 million yuan project designation from a European automobile manufacturer.
Songyuan Safety (300893.SZ) announced that its wholly-owned subsidiary, Songyuan (Anhui) Automotive Safety Systems Co., Ltd., recently signed a "Supply Contract" with a certain European automotive manufacturer client (referred to as "Client S"). The company has been designated as a qualified supplier for Client S's Project X and will supply products in the European region for this project. The supplied products for this designated project are steering wheels and airbags, with a lifecycle of 7 years, and the sales amount is approximately 691 million yuan.
Zhejiang Songyuan Automotive Safety Systems (300893.SZ) announced that its wholly-owned subsidiary, Songyuan (Anhui) Automotive Safety Systems Co., Ltd., has recently signed a supply contract with a European automobile manufacturer customer (referred to as "Customer S"). The company has been selected as a qualified supplier for the S customer's X project and will supply products for the X project in Europe. The products for this specified project include steering wheels and airbags, with a lifecycle of 7 years and sales amounting to approximately 691 million RMB.
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