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Jifeng Co., Ltd. announced that Grammer, a holding subsidiary of the company, has received a nomination letter from a leading OEM and has been designated for a passenger car seat assembly project to develop and produce vehicle seat assembly products for customers. The project is expected to begin mass production in May 2028, with a life cycle of 7 years and an estimated total amount of 9.2 billion yuan. This target will not have a significant impact on the company's performance this year, but it will help increase future annual business revenue.
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Jifeng Co., Ltd. announced that Grammer, a holding subsidiary of the company, has received a nomination letter from a leading OEM and has been designated for a passenger car seat assembly project to develop and produce vehicle seat assembly products for customers. The project is expected to begin mass production in May 2028, with a life cycle of 7 years and an estimated total amount of 9.2 billion yuan. This target will not have a significant impact on the company's performance this year, but it will help increase future annual business revenue.
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