On November 10, Huada Technology made an announcement stating that it had recently been awarded project designations by domestic automobile manufacturers and new energy battery companies. The company is set to supply these clients with a diverse range of automotive components.

Specifically, there are 16 designated projects focused on body components. Over their entire life cycles, these projects are estimated to generate a total sales volume of RMB 780 million. Notably, 14 of these projects pertain to new - energy vehicles, with an anticipated sales volume of RMB 680 million.

In addition, the company has secured 4 designated projects for battery box trays. The estimated total sales volume for these projects is RMB 1.14 billion. Moreover, there are 3 designated aluminum die - casting projects, which are expected to yield a total sales volume of RMB 980 million.

These newly obtained projects are anticipated to significantly boost the company's revenue and enhance its operational efficiency in the years ahead.