Ningbo Jifeng Auto Parts (603997.SZ) Subsidiary Secures Seat Assembly Project from European Luxury Automaker

Stock News

2025/12/19

Ningbo Jifeng Auto Parts Co., Ltd. (603997.SZ) announced that its subsidiary, Grammer Jifeng (Germany), recently received a project award letter from a European luxury automaker. The subsidiary will develop and produce front, middle, and rear seat assemblies for the client's passenger vehicles.

According to the customer's plan, this project involves a globally sold vehicle model. Production is expected to commence in September 2028, with a project lifecycle of 8.5 years and an estimated total contract value of RMB 9.8 billion.

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(603997.SZ) announced that its subsidiary, Grammer Jifeng (Germany), recently received a project award letter from a European luxury automaker. The subsidiary will develop and produce front, middle, and rear seat assemblies for the client's passenger vehicles.</p>\n<p>According to the customer's plan, this project involves a globally sold vehicle model. 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