Changchun FAWAY Group Automobile Components (600742.SH) has won the bid for the exterior project of a new energy brand customer, with an estimated total sales amount of 704 million yuan.

Changchun FAWAY Group Automobile Components (600742.SH) issued an announcement recently, stating that the company has received a designated notification letter from a well-known new energy brand manufacturer (the name of which cannot be disclosed due to confidentiality requirements). The company will serve as a supplier of components to the customer, developing exterior products for their vehicle models and completing the product development work as required. According to the customer's plan, the above-mentioned project is expected to begin mass supply in January 2028, with an estimated lifecycle of 5 years and a total estimated sales amount of 704 million RMB. The project obtained this time is for exterior products, indicating the customer's trust and recognition of the company's R&D innovation capability for exterior products, craftsmanship standards, and modular manufacturing strength. It also highlights the company's full chain service capability in the exterior field, from design verification to mass delivery. The above-mentioned project is expected to begin mass supply in January 2028 and will not have a significant impact on the company's performance for the current year.