Zhejiang Jingu (002488.SZ) announced on November 15th that the company recently received a project development notice from a leading global passenger vehicle manufacturer (due to confidentiality requirements, the name cannot be disclosed, hereinafter referred to as the "customer"), and the company will serve as a component supplier for the development of wheel assembly products for one usa-produced passenger vehicle and two usa-produced light trucks, totaling three vehicle models. The company will complete the product development work according to the customer's requirements.
This is the company's first OE project for a usa domestic passenger vehicle. Previously, the company has entered the customer's global supply chain system, and Jingu's low-carbon wheel products have obtained the customer's domestic OE project designation and are supplied in batches.