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Xingyuan Zhuomai has proudly announced the receipt of a supplier designation notice from a leading domestic auto parts manufacturer. This notice entails the development and supply of magnesium alloy powertrain housing components for new energy vehicles to the said customer. As per the customer's roadmap, the project is anticipated to commence mass production by the end of March 2026, with a projected total sales revenue of RMB 713 million spanning the next six years (2026-2031). It is important to clarify that this designation notice does not constitute a binding order; the actual supply terms will be governed by a formal agreement or sales order to be executed by both parties in the future. Furthermore, the projected mass production timeline is not expected to have a material impact on the company's current fiscal year performance.
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