# Baolong Technology receives air suspension system order from NEV OEM

Baolong Technology (603197.SH) received a Letter of Intent from a leading Chinese new energy vehicle OEM to supply front and rear air springs for a new project. The contract has a lifecycle of 4 years with a total value exceeding 640 million CNY, with mass production expected to start in October 2025.

- Type: Contract
- Announced: 2024-03-21
- Where: China
- Value: $89.0M (640.0M CNY)
- Status: announced
- Products: air suspension system front and rear air springs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Baolong Technology](https://endata.com/companies/62747.md) (supplier)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1089697.html), 2024-03-21: "保隆科技(603197.SH)发布公告，公司近日收到国内某新能源汽车头部品牌主机厂的《定点通知书》，选择公司作为其全新项目的空气悬架系统前后空气弹簧的零部件供应商。"

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