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According to the Zhitong Finance App, Songyuan Safety (300893.SZ) announced that Songyuan (Anhui) Automobile Safety Systems Co., Ltd., a wholly-owned subsidiary of the company, recently signed a “supply contract” with a European automobile manufacturer customer (“S customer” for short). The company has been designated for the S Client X project, and the company will supply the S Client X project in Europe as a qualified supplier. The products supplied for this targeted project are steering wheels and airbags. The life cycle is 7 years, and sales are equivalent to about RMB 691 million.
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According to the Zhitong Finance App, Songyuan Safety (300893.SZ) announced that Songyuan (Anhui) Automobile Safety Systems Co., Ltd., a wholly-owned subsidiary of the company, recently signed a “supply contract” with a European automobile manufacturer customer (“S customer” for short). The company has been designated for the S Client X project, and the company will supply the S Client X project in Europe as a qualified supplier. The products supplied for this targeted project are steering wheels and airbags. The life cycle is 7 years, and sales are equivalent to about RMB 691 million.
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