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Changzhou Tenglong Auto Parts received a letter of intent from a domestic new-energy vehicle manufacturer to supply gas-liquid separators. The project is expected to start mass production in early 2024, with a total lifecycle value of approximately RMB 300 million over about 5 years.
Changzhou Tenglong Auto Parts received a letter of intent from an undisclosed new energy vehicle manufacturer to supply thermal management system piping assemblies. The project is expected to start production in 2024 with a total lifecycle value of approximately 650 million yuan over 6-7 years.