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Derun Electronics' subsidiary Chongqing Meida received a supplier nomination letter from a subsidiary of FAW Group to develop and mass-produce energy conversion and distribution units for electric vehicle platforms. The estimated lifecycle sales revenue is approximately 4.8 billion yuan.
“得润电子将成为该客户电动汽车平台车型“能量转换与分配单元总成”(即充配电多合一)的开发及量产供应商。”stock.jrj.com.cn
Summarized from public sources; check the original articles before acting on it.