Mingxin Xuteng receives leather supply contract from Chinese automaker

Mingxin Xuteng (605068.SH) has been selected as the leather material supplier for a new project by a major Chinese automotive OEM. The project is expected to start mass production in October 2024, with a lifecycle of about 5 years and a total value of approximately RMB 870 million.

“公司近日收到国内某知名汽车主机厂(限于保密协议，无法披露其名称，以下简称“客户”)的定点通知，公司成为其新项目的真皮材料供应商。”zhitongcaijing.com

• 1 source
• zhitongcaijing.com明新旭腾(605068.SH)收到国内某知名汽车主机厂定点通知 生命周期总金额约8.7亿元Apr 16, 2024

Summarized from public sources; check the original articles before acting on it.