Jifeng Co., Ltd.: Secured a designated project for passenger car seat assembly, expected total lifecycle amount of 2.12 billion yuan.

Jifeng Group announced that its controlling subsidiary Jifeng Seating has been appointed for the seat assembly project of a leading passenger car manufacturer, which will develop and produce complete vehicle seat assembly products. The project is expected to commence mass production in June 2027, with a lifecycle of four years and an estimated total amount of 2.12 billion yuan. This project is not expected to have a significant impact on the companys performance for this fiscal year, but it is beneficial for enhancing future business revenue and operational performance. However, the project carries risks of delays, changes, suspension, or termination, and the actual implementation status remains uncertain.