Faway Automobile Parts Secures Seating Project from Joint-Venture Brand with Total Lifecycle Value of Approximately 3.936 Billion Yuan

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Faway Automobile Parts announced that it has recently received a nomination letter for seating products from a well-known joint-venture brand OEM. According to the customer's plan, the project is expected to begin mass supply in October 2027 and January 2028 respectively, with a lifecycle of eight years. The total estimated sales value over the lifecycle is approximately 3.936 billion yuan. The company cautioned that the nomination letter does not constitute a sales contract, and the actual supply timing, pricing, and quantities will be subject to the formal agreement, with final supply volumes remaining uncertain.

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