Jifeng shares: Awarded designated seat assembly project for passenger cars by top host plants

Jifeng Shares announced that its wholly-owned subsidiary Jifeng Seat Co., Ltd. recently received a fixed-point mail and won the seat assembly project from a leading automotive manufacturer. It will develop and produce front seat assembly products for the customer. The project is expected to start mass production in September 2025 with a 5-year lifecycle and a total amount of approximately 2.52 billion yuan. The project is not expected to have a significant impact on the company's performance for the current year, but will increase the company's business revenue for the current year and have a positive impact on its operating performance.