Xingyuan Zhuomei has recently announced the receipt of a notification for designated development from a domestic parts manufacturer, signaling the commencement of a collaborative project to develop magnesium alloy powertrain housing components for new energy vehicles. This venture is poised to enter mass production in 2026, with an estimated total sales revenue of approximately RMB 650 million spanning the next four years, from 2026 to 2029.
