Jifeng subsidiary awarded $1.4B seat assembly contract from major automaker

Jifeng Seat (Hefei), a subsidiary of Jifeng Co., received a contract from a major automaker to develop and produce front seat assemblies. The project is expected to start production in February 2026, with a total lifecycle value of 1.4 billion yuan over 7 years.

“The project is expected to start production in February 2026, with a total lifecycle value of 1.4 billion yuan over 7 years.”zhitongcaijing.com

• 1 source
• zhitongcaijing.com继峰股份(603997.SH)获得乘用车座椅总成项目定点 涉及金额14亿元Jul 16, 2024

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