Jifeng Auto Parts announced on September 24 that its controlling subsidiary, Grammer Vehicle Parts Harbin Co., Ltd., has received a passenger car seat assembly project nomination from a major original equipment manufacturer. The subsidiary will develop and produce complete vehicle seat assembly products for the customer. According to the customer's plan, the project is expected to start mass production in May 2028, with a project lifecycle of seven years and an estimated total lifecycle value of 9.2 billion yuan. In the first half of 2026, Jifeng Auto Parts achieved revenue of 13.078 billion yuan and net profit attributable to the parent company of 365 million yuan.
Ningbo Jifeng Auto Parts CoControlling subsidiary Grammer Harbin secured a seat assembly nomination from a major OEM with 9.2 billion yuan lifecycle value, a concrete order win.
The subsidiary itself received the passenger car seat assembly project nomination and will develop and produce the seats for the OEM.
