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Changzhou NRB Corporation announced that its holding company Tianjin Tianhai Precision Forging Co., Ltd. signed a framework supply contract with Magna PT Powertrain (Jiangxi) Co., Ltd. to provide rotor shaft products for Magna's New Energy Vehicle program.
Changzhou NRB Corporation announced it has become the supplier of 8 specialty bearings for new energy reduction gearboxes to a leading domestic New Energy Vehicle enterprise. The project has an expected life cycle of 5 years.