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Shanghai Auto Parts has made an announcement stating that its wholly-owned subsidiary, Zhejiang Hailite Auto Air Conditioning Parts Co., Ltd., has recently been nominated by Mercedes-Benz for a new project. This marks a historic moment as it is the subsidiary's inaugural foray into Mercedes-Benz's global supply network.
This nomination serves as a testament to the subsidiary's technological prowess, quality standards, and exceptional supply service capabilities. It represents a significant milestone in the company's strategic expansion into serving high-end clientele and penetrating the world's most prestigious supply chains. The project is slated for development and sample delivery in 2026. It is worth noting that this project will not exert a substantial influence on the company's operational performance in the current fiscal year.
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