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Jinbei Auto's subsidiary Jinbei Yanfeng Automotive Interior Systems received a contract from a major OEM to develop and produce interior products for two programs, with a total lifecycle value of 6.27 billion yuan. Production is expected to start in April and May 2027.
Jinbei Auto, through its subsidiary Jinchen Auto, plans to acquire the remaining 50% equity of Jinbei Adient from Adient Asia for $58 million, making Jinbei Adient a wholly-owned subsidiary. Jinbei Adient designs and produces automotive seats for models including BMW Brilliance vehicles.