# 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.

- Type: Contract
- Announced: 2024-04-16
- Where: China
- Value: $120.0M (870.0M CNY)
- Status: announced
- Products: leather materials for automotive interiors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mingxin Xuteng](https://endata.com/companies/61608.md) (supplier)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1103310.html), 2024-04-16: "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。"

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