Rongsheng Technology (300680.SZ) subsidiary has received a letter of intent from a client for a project, with an estimated total revenue of around 2 billion yuan over the project's lifecycle.
Zhixun Finance and Economics APP News, Longsheng Technology (300680.SZ) announced that its controlling subsidiary, Wuxi Longsheng New Energy Technology Co., Ltd. (referred to as "Longsheng New Energy"), recently received a project designation notice letter from United Automotive Electronic Systems Co., Ltd. (referred to as "UAES"). Longsheng New Energy has been selected as the supporting supplier for the "stator assembly in separable motor" and "rotor assembly in separable motor". According to the project designation letter, the project has a lifecycle of 3 years, with an estimated total revenue of approximately 2 billion yuan throughout the lifecycle, and mass production is expected to begin in the third quarter of 2026.
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