Jifeng Corporation: Awarded the designated project for automotive seat assembly, with an estimated total lifecycle amount of 1.3 billion yuan.
Following the announcement of Jifeng Holdings, its wholly-owned subsidiary Jifeng Seat Co., Ltd. has recently been awarded the seat assembly project by a top-tier mainframe manufacturer. The company will develop and produce front seat assembly products for the customer. The project is expected to start mass production in April 2026, with a project lifecycle of 6 years and a total amount of 1.3 billion RMB. The project is not expected to have a significant impact on the company's performance this year, but will help increase the company's future annual revenue and have a positive impact on its operational performance.
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