Jifeng shares (603997.SH) won the bid for the designated point of the passenger car seat assembly project with an estimated total amount of 2.52 billion yuan.

Wisdom Financial News APP News, following the announcement of Ji Feng Shares (603997.SH), the company's wholly-owned subsidiary Ji Feng Seats (Hefei) Co., Ltd. (referred to as "Ji Feng Seats (Hefei)") recently received a designated mail. Ji Feng Seats (Hefei) has been designated by a head host plant (restricted by a confidentiality agreement, unable to disclose its name, referred to as "Customer") for the seat assembly project, and will develop and produce front seat assembly products for the Customer. According to the customer's plan, this project is expected to begin mass production in September 2025, with a project lifecycle of 5 years and an estimated total amount of 2.52 billion yuan over the lifecycle.