Jiangnan Mould & Plastic Technology Expects to Earn Up to 1.32 Billion Yuan As Supplier for NEV Client

MT Newswires Live
01-17

Jiangnan Mould & Plastic Technology (SHE:000700) received an order for the supply of three exterior trim product projects to a domestic new energy customer, according to the Shenzhen Stock Exchange disclosure on Friday.

The auto parts maker expects to earn between 1.23 billion yuan and 1.32 billion yuan from the three projects.

About 100,000 sets per year will be supplied in the first project, 80,000 sets per year for the second project and between 130,000 sets and 150,000 sets per year for the third project.

All projects will run for three years and the production will start in May 2026, the disclosure said.

The company's shares rose more than 1% in recent trade.

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