Changhua Holdings: appointed as designated supplier for new energy vehicle companies, expected lifetime sales of 810 million.
On August 18, 2025, Changhua Holdings Group Co., Ltd. announced that it has recently received a notice of designated development from a domestic new energy vehicle company, with the designated product being key metal structural components. The project has a lifecycle of 4 years, with an estimated total sales of around 810 million yuan. Mass production is expected to start in the third quarter of 2026, with specific supply times subject to the contract. The project is led by a wholly-owned subsidiary, and if the order conversion goes smoothly, it will benefit future revenue and profitability. However, the designated notice does not represent actual purchase quantities and does not constitute a formal order. Actual delivery is subject to market, customer, and other factors, with risks of delay and changes.
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