Jifeng shares: controlling subsidiary wins contract for total assembly project of seats for European luxury brand passenger cars.

Jifeng Shares announced that its controlling subsidiary, Grammer Jifeng, has received a "designated point letter" from a European luxury brand automobile manufacturer for the designated assembly of passenger car seats. The company will develop and produce front, middle, and rear row seat assemblies for the customer. The project is expected to start in September 2028 with a total lifecycle value estimated at 9.8 billion yuan. The project is not expected to have a significant impact on the company's performance for the current year, but it will help increase the company's future business income and have a positive and far-reaching impact on the company's future operating performance.