# Zhejiang Songyuan Automotive Safety Systems wins RMB 691M steering wheel and airbag contract

Zhejiang Songyuan Automotive Safety Systems Co., Ltd. announced that its subsidiary has signed a 7-year supply contract with a European automotive manufacturer for steering wheels and airbags, valued at approximately RMB 691 million.

- Type: Contract
- Announced: 2026-08-06
- Where: China
- Value: $96.0M (691.0M CNY)
- Status: announced
- Products: steering wheels, airbags
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang Songyuan Automotive Safety Systems](https://endata.com/companies/93395.md) (supplier)

## Sources

- [szse.io](https://szse.io/releases/300893-zhejiang-songyuan-automotive-safety-systems-co-ltd/1225461817-project-appointment-announcement), 2026-08-06: "Zhejiang Matsunaga Automotive Safety Systems Co., Ltd. announces its subsidiary has signed a supply contract with a European automotive manufacturer for steering wheels and airbags for a 7-year project, valued at approximately RMB 691 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.