Fuwei Co., Ltd. (600742.SH): Secured the seating project for joint venture brand customers, with an estimated total sales amount of approximately 3.936 billion yuan.
Zhiyitong Finance APP reported that Fuwei Co., Ltd. (600742.SH) announced that it recently received a designated notice from a well-known joint venture brand manufacturer. The company will serve as a component supplier for the client, developing seating products for its vehicle models, and will complete product development work as required. According to the client's plan, the above projects are expected to start bulk supply in October 2027 and January 2028 respectively, with an estimated lifecycle of 8 years. The total sales amount during the lifecycle is expected to be approximately 2.447 billion yuan and 1.489 billion yuan, totaling around 3.936 billion yuan. The acquisition of these projects will not only facilitate the companys technological iteration and enhance operational resilience but also marks an important step forward in the companys market expansion and brand value enhancement.
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