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Fuwei Co., Ltd. (600742.SH) has officially declared that it has been awarded three nomination notices by two renowned joint venture brand OEMs (Original Equipment Manufacturers), entrusting the company with the development of seat products. Mass production for these projects is slated to commence in June, July, and November 2027, respectively, and is projected to span an 8-year lifecycle, with an anticipated total sales volume amounting to 7.6 billion yuan. However, it is important to note that these nominations do not equate to a definitive sales contract, and there remains the potential for project delays, modifications, or even cancellation. Furthermore, the immediate impact on the company's financial performance for the current year is expected to be minimal.
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