Shanghai Auto Parts: First entry into the global supply system of Mercedes-Benz

Shanghai Auto Parts Announcement: The company's wholly-owned subsidiary Zhejiang Hailite has received a nomination for a new project from Mercedes-Benz, entering the global supply system of Mercedes-Benz for the first time. This nomination marks the high recognition of the company's product technology, quality control, and supply service capabilities by the global leading luxury car company. It is a milestone event for the company to expand high-end customers and enter the top global supply chain system. The development and sample exchange period for this project is set for the year 2026, and the nomination for this project will not have a significant impact on the company's operating performance this year.