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Jinting Automotive Wire Harness (Suzhou) Co., Ltd., a wholly-owned subsidiary of Yongding Co., received a letter of intent for a low-voltage wire harness project for a model from a major domestic automaker. The contract has a 7-year lifecycle with total sales of approximately 895 million RMB.
Jinting Automotive Wire Harness (Suzhou) Co., Ltd., a wholly-owned subsidiary of Yongding Co., won a contract from Xuzhou XCMG Commercial Vehicle Technology Co., Ltd. to supply complete vehicle wiring harnesses for new energy and fuel vehicle projects, with a total lifecycle sales value of approximately CNY 309 million. Mass production is expected to start in February 2023.