Longsheng Technology: Holding subsidiary wins bid for UAES project, expected total revenue of approximately 2 billion yuan over the project's lifecycle.

Longsheng Technology announced that its holding subsidiary, Longsheng New Energy, has received a project notification letter from Joint Automotive Electronics Co., Ltd., which has been selected as a supporting supplier for the "stator assembly in a separated motor, rotor components in a separated motor" project. The project has a lifecycle of 3 years, with an expected total turnover of approximately 2 billion yuan. Mass production is expected to begin in the third quarter of 2026. This selection is a key breakthrough for the company's core business in the iron core semi-assembly of new energy vehicle drive motors, which will help expand market channels and improve the layout of the industrial chain, and is expected to have a positive impact on future operating performance.