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Wanfeng MLTH Holdings, a subsidiary of Wanfeng Auto Wheel, has secured a CNY42 million (USD6.4 million) order from Evergrande Hengchi New Energy Vehicle Shanghai to supply instrumentation stands. The contract deepens ties between the Tesla supplier and Evergrande NEV.
“The contract proves the recognized quality of Wanfeng's lightweight metal components, but is unlikely to majorly affect its sales performance.”yicaiglobal.com
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