Huada Technology has successfully secured project orders amounting to 3.2 billion yuan, encompassing 33 auto body parts projects for 16 customers. Notably, 24 of these projects are dedicated to new energy vehicles, totaling 2.6 billion yuan. Additionally, its subsidiary, Jiangsu Hengyi, has received orders for 9 new energy battery box tray projects, with a combined value of 3.15 billion yuan. These projects are anticipated to commence mass production starting from the second quarter of 2025, poised to significantly bolster Huada Technology's future revenue and profitability.
