# SZRM becomes designated supplier for Continental AG BMW project

SZRM Precision Machinery Industry Group received notice from Continental AG that it became the designated supplier for the BMW project's Retaining Plate Assy, with estimated sales of €20 million from 2022 to 2029.

- Type: Contract
- Announced: 2024-01-15
- Where: China
- Value: $22.0M (20.0M EUR)
- Status: completed
- Products: Retaining Plate Assy (Multimedia Fixed Plate)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SZRM Precision Machinery Industry Group](https://endata.com/companies/74967.md)
- [Continental](https://endata.com/companies/925.md) (customer)
- [BMW](https://endata.com/companies/13009.md) (customer)
- [SAIC](https://endata.com/companies/19915.md) (customer)
- [BorgWarner United Transmission Systems](https://endata.com/companies/74968.md) (customer)

## Sources

- [haythink.com](https://www.haythink.com/chinas-leading-precision-metal-partshigh-precision-stamping-parts-manufacturer-has-continuously-become-the-preferred-supplier-of-continental-ag-and-borgwarner-united-transmission-systems-hayt01szrm/), 2024-01-15: "SZRM Precision Machinery Industry Group received a notice from Continental AG, a global auto parts supplier, that the company became a series of products for the new project Retaining Plate Assy of Continental Group BMW designated supplier."

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