Anhui Zhongding Sealing Parts Co., Ltd.'s subsidiary Anhui AMK received a contract to supply air supply units for an air suspension system to a domestic Chinese auto brand. The contract has a 5-year life and total value of approximately CNY 340 million.
Anhui AMK, a Chinese subsidiary of Zhongding Group's AMK, received a contract to supply air suspension system air supply units for a new platform of a domestic Chinese automaker. The contract has a 5-year lifecycle with a total value of approximately RMB 340 million (approx. $53 million).
Anhui AMK, a Chinese subsidiary of AMK (owned by Zhongding), was selected as the batch supplier of air supply units for a new energy vehicle platform by an undisclosed Chinese OEM. The contract has a 4-year lifecycle with a total value of approximately CNY 170 million.
Anhui Zhongding Vibration Damping Technology, a subsidiary of Zhongding Co., has been notified that it will become a batch supplier of lightweight chassis assembly products for BYD's new energy vehicle platform project. The contract has a 4-year lifecycle with a total value of approximately 282 million yuan.