On September 9, Asia-Pacific Components issued a notice stating that it had recently received a formal designation notification from a prominent domestic new energy vehicle (NEV) brand's original equipment manufacturer (OEM). This notification selected Asia-Pacific Components as the supplier for rear brake caliper assemblies (equipped with Electronic Parking Brake, EPB) and front brake disc products for a specific platform of the client.
The project spans a four-year lifecycle, with mass production projected to commence in the second quarter of 2027. The total estimated sales revenue over the project's lifecycle is approximately 514 million yuan. Upon entering mass production, revenue will be recognized in accordance with the actual orders received from the client. It is anticipated that this project will not have a significant impact on the company's revenue and profit levels for the current fiscal year.
