Fuwei shares: Received notification of designated seat project worth 4.9 billion yuan.

date
22/07/2025
Fve Holdings Announcement: The company recently received a designated notification letter from a well-known independent luxury brand OEM, to develop seat products for two of their vehicle models. The two projects are expected to begin mass production in March 2026 and September 2026, with a project lifecycle of 6-7 years and a total sales amount of approximately 4.9 billion RMB. This designated notification letter reflects the customer's trust and recognition of the company's seat product R&D innovation capability and modular manufacturing strength. The designated notification letter does not constitute a sales contract, and the final supply quantity still has uncertainties and will be subject to the officially signed supply agreement or sales contract.