Recently, Anhui Zhongding Sealing Parts Co., Ltd.'s subsidiary, Chengdu Wangjin Automotive Components Co., Ltd., received notification from a customer that it has become the batch supplier for chassis lightweighting assembly products for a new platform project of a leading domestic new energy brand OEM (subject to confidentiality agreements, its name cannot be disclosed, hereinafter referred to as "the customer"). This project has a lifecycle of 6 years, with a total contract value of approximately 1.85 billion RMB.
In recent years, Zhongding Holdings has vigorously developed its intelligent chassis system business, promoting chassis lightweighting system assembly products. Its subsidiary, Sichuan Wangjin Company, whose core technology is ball joint assembly products, is a core safety and performance component in chassis systems, with globally leading technical expertise. Winning this customer's recognition lays the foundation for the company to further expand its future lightweight chassis product market.