Changhua Group has received a designation development notice from a domestic new energy vehicle maker for key metal structural parts. The project has a life cycle of four years, with an estimated total life cycle sales value of approximately 740 million yuan, subject to the relevant contracts or agreements signed by both parties. The project is expected to gradually begin mass production in the second quarter of 2027 and is not expected to have a significant impact on the company's performance this year. In the first quarter of 2026, Changhua Group achieved revenue of 449 million yuan and net profit attributable to the parent company of 15.43 million yuan.
Zhejiang Changhua Auto Parts Co LtdReceived designation notice for key metal structural parts from a domestic new energy vehicle maker, with estimated total project value of 740 million yuan over four years.