Xingyuan Zhuomei

Xingyuan Zhuomei received a development notification from a domestic auto parts manufacturer to develop and supply magnesium alloy powertrain housing components for new energy vehicles. Mass production is expected to start in 2026, with total sales of approximately 650 million yuan over four years.

Xingyuan Zhuomei received a supplier appointment notice from an automotive parts manufacturer to develop and supply magnesium alloy reducer housing products for new energy vehicles. The project is expected to enter mass production in June 2025, with a total sales amount of approximately RMB 170 million over three years. The announcement was made on September 24, 2024.

Xingyuan Zhuomei (星源卓镁) announced it received a supplier nomination letter from an automotive parts manufacturer to develop and supply magnesium alloy gearbox housings for new energy vehicles. The project is expected to start mass production in June 2025, with estimated total sales of approximately RMB 170 million over three years (2025-2027).