Shenzhen Ampron Technology (SHE:301413) expects to generate sales worth 40.2 million yuan after receiving an order to supply EHB brake system pressure sensors to a domestic new energy vehicle company, according to a Shenzhen Stock Exchange filing on Thursday.
The equipment will be used for a five-year project and these will be delivered in batches, starting in the first quarter of 2025.
The company's shares dropped less than 4% at the close.