On August 14th, news emerged that Fuwei Co., Ltd. had recently made an announcement regarding its receipt of a nomination notice for a new energy project. This nomination came from a renowned joint venture brand OEM, whose name remains undisclosed due to confidentiality agreements. Fuwei Co., Ltd. is set to act as a component supplier for this esteemed customer, undertaking the development of seat products and fulfilling all associated tasks as stipulated.

Based on the customer's outlined schedule, the project is slated to enter mass production phases in October and November 2027, boasting an impressive lifecycle spanning 8 years. The financial projections for this venture are equally noteworthy, with estimated total sales figures pegged at RMB 1.808 billion and RMB 1.052 billion for respective segments, culminating in a grand total of RMB 2.86 billion.