Songyuan Safety: Secured a designated supply project worth 691 million yuan from a European automotive company.

The Songyuan safety announcement states that the company's wholly-owned subsidiary, Anhui Songyuan, has signed a supply contract with European automotive manufacturer Client S, securing a designated project for which it will supply steering wheels and airbags in Europe. The project has a lifecycle of 7 years, with projected sales of approximately 691 million yuan. This collaboration reflects the client's ongoing recognition of the company's products, which will strengthen the company's industry position and enhance its influence. However, actual supply volumes are subject to multiple factors and carry uncertainty, and it is expected that there will be no significant impact on revenue and profits.