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Dongyang Piston signed a 36.2 billion won piston supply contract with Ford Motor Company, covering the period from October 18, 2021 to October 17, 2024.
Dongyang Piston's Chinese subsidiary, Wendeng Dongyang Piston, was awarded a KRW 103.7 billion contract by Audi to supply engine pistons for delivery to Hungary. Mass production is scheduled from 2023 to 2028.
Dongyang Piston announced a contract with Ford to supply piston parts worth KRW 110 billion, representing 33.13% of its recent sales. The contract runs until April 17, 2027.
Dongyang Piston Co Ltd signed a contract worth 110 billion won ($96.91 million) to provide pistons to Ford Motor Company in Mexico, UK, US, and Spain.