Ningbo Xusheng Group

Ningbo Xusheng Group has received car component orders from a North American automaker with expected sales revenue of about 7.8 billion yuan ($1.12 billion). The contract covers auto parts supplies in China and Mexico over eight years starting in 2026.

Ningbo Xusheng Group has received car component orders from a North American automaker with expected sales revenue of about 7.8 billion yuan ($1.12 billion). The contract covers auto parts supplies in China and Mexico over eight years starting in 2026.

Ningbo Xusheng Group is investing $276 million to set up five new subsidiaries in Hong Kong, the US, and Mexico, and to support construction of a new factory in Mexico to expand North American operations.