Zhenyu Technology subsidiary receives 2.168 billion yuan order from NIO

Zhenyu Technology's wholly-owned subsidiary Suzhou Fanst Machinery Technology received a letter of intent from NIO Power Technology to supply G4.9 stator and rotor cores. The contract covers 2024-2027 with a total estimated value of approximately 2.168 billion yuan.

“苏州范斯特成为蔚来科技G4.9定转子铁芯供应商。”zhitongcaijing.com

• 2 sources
• zhitongcaijing.com震裕科技(300953.SZ)收到蔚来科技总金额约21.68亿元定点通知函May 30, 2024
• yicaiglobal.comChina's Zhenyu Jumps After Getting USD304 Million Auto Parts Order From NioTang ShihuaMay 31, 2024

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