Fawer Automotive Parts Limited (stock code: 600742.SH) has secured a designated fixed-point joint venture brand customer seat project with an estimated total sales amount of 4.811 billion RMB.

Intelligence Finance APP News, Fuwei Group (600742.SH) announced that the company recently received a designated notification from a well-known joint venture host plant (the name of which cannot be disclosed due to confidentiality requirements). The company will serve as a supplier of components for the customer, developing seat products for their vehicle models, and will complete the product development work as required. According to the customer's plan, the above project is expected to begin mass delivery in December 2027, with an estimated lifecycle of 8 years and a total estimated sales amount of RMB 4.811 billion.