Ningbo Jifeng Auto Parts CoControlling subsidiary Grammer Harbin secured a 9.2 billion yuan passenger car seat assembly project nomination from a leading automaker, boosting future revenue.

Jifeng Shares announced that its controlling subsidiary Grammer Harbin has received a nomination letter from a leading automaker, securing a nomination for a passenger car seat assembly project. The subsidiary will develop and produce complete vehicle seat assembly products for the customer. The project is expected to start mass production in May 2028, with a life cycle of seven years and an estimated total value of 9.2 billion yuan. The company stated that this nomination will not have a significant impact on this year's performance, but will help increase future annual business revenue.
Ningbo Jifeng Auto Parts CoControlling subsidiary Grammer Harbin secured a 9.2 billion yuan passenger car seat assembly project nomination from a leading automaker, boosting future revenue.
Grammer Harbin received the nomination letter to develop and produce complete vehicle seat assemblies for the automaker, a 9.2 billion yuan project.