Songyuan Safety (300893.SZ) subsidiary secures approximately 691 million yuan project with European automotive manufacturer.

Zhitong Financial APP News, Songyuan Safety (300893.SZ) announced that its wholly-owned subsidiary, Songyuan (Anhui) Automotive Safety Systems Co., Ltd., has recently signed a supply contract with a European automotive manufacturer client (referred to as "Client S"). The company has been designated as a qualified supplier for Client S's X project, and will supply products for the X project in the European region. The supplied products for this designated project are steering wheels and airbags, with a lifecycle of 7 years, generating sales of approximately 691 million RMB.