# Jifeng Automotive Interior receives EUR 5B seat assembly contract from traditional automaker

Jifeng Automotive Interior (603997.SH) received a letter of intent from a leading traditional automotive OEM's high-end brand for a seat assembly project. The project is expected to start in January 2025, with a 5-year lifecycle and total value of 5 billion yuan.

- Type: Contract
- Announced: 2024-01-31
- Where: China
- Value: $700.0M (5.00B CNY)
- Status: announced
- Products: seat assembly
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jifeng Automotive Interior](https://endata.com/companies/75345.md) (supplier)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1065600.html), 2024-01-31: "公司获得了某头部传统汽车主机厂高端品牌的座椅总成项目定点，将为客户开发、生产座椅总成产品"

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