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Xusheng Group (603305) received a Supplier Letter of Intent from a well-known North American traditional automaker to supply 7 parts including transmission housing and motor housing for the customer's pure electric platform. The project has a lifecycle of at least 5 years with total sales of approximately RMB 1.9 billion, with mass production expected to begin in Q4 2026.
“The company recently received a 'Supplier Letter of Intent' from a well-known North American traditional automaker.”stcn.com
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