# Mingxin Xuteng receives nomination letter for suede material supply

Mingxin Xuteng New Materials received a nomination letter from an undisclosed automaker to supply suede microfiber material for a new project, with a total lifecycle value of about 300 million yuan. Production is expected to start in 2023.

- Type: Contract
- Announced: 2022-03-16
- Where: China
- Value: $47.0M (300.0M CNY)
- Status: announced
- Products: suede microfiber material for automotive interiors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Mingxin Xuteng New Materials](https://endata.com/companies/61632.md) (supplier)

## Sources

- [epaper.cs.com.cn](https://epaper.cs.com.cn/zgzqb/html/2022-03/16/nw.D110000zgzqb_20220316_3-B029.htm), 2022-03-16: "明新旭腾新材料股份有限公司（以下简称“公司”）近日收到某知名品牌主机厂（限于保密协议，无法披露其名称，以下简称“客户”）的定点提名信，公司成为其新项目的绒面超纤材料供应商。"

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