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Changhua Group (605018.SH) received targeted development notices from domestic NEV companies
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Zhitong Finance App News, Changhua Group (605018.SH) issued an announcement. The company recently received targeted development notices from domestic NEV companies. The designated products are mainly key metal structural parts. The life cycle of this targeted project is 4 years, and the total lifetime sales amount is estimated to be about RMB 390 million.

The designated product is produced by Wuhan Changhua Changyuan Auto Parts Co., Ltd., a wholly-owned subsidiary. Mass production of this targeted project is expected to gradually begin in the 3rd quarter of 2027. It is not expected to have a significant impact on the company's performance this year. If subsequent substantial sales orders are successfully converted, it is conducive to increasing revenue and operating efficiency for future years.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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