Yuefeng Technology: Received the letter of designation and the purchase contract for the automotive brand project
July 30, 2025
On July 28th, Yuefeng Technology issued an announcement stating that it had recently received a "Letter of Designation" and a "Purchase Contract" from a car brand under a major domestic automaker, and was selected as the designated supplier for a certain luggage rack project of that automaker.
The company is required to immediately commence the development work upon receiving the confirmation letter and transport the products to the buyer's designated location before the specified time as required by the purchase order. This cooperation indicates that the company has been recognized in terms of R&D technology, brand and product quality, and is expected to have a positive impact on the company's operating performance in the future.
Although this project will not have a significant impact on the company's operating performance this year, it will provide strong support for the company's business expansion in the field of new energy vehicles. The company emphasized that it will strictly complete product development, test verification, production preparation and delivery in accordance with the customer's requirements in the future, and will not become dependent on this customer due to this matter.
