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Yuefeng Technology: subsidiary obtained parts project fixed point

February 21, 2024
Yuefeng Technology announced that wholly-owned subsidiary Yuefeng Auto parts completed the signing of the Supplier Fixed Point Agreement with an international automobile manufacturer, and Yuefeng Steam Zero became the supplier of the customer's first electric vehicle energy absorption balance beam parts project. According to the customer's planning, the life cycle of this fixed-point project is 6 years, and the total sales volume is expected to be about 395 million yuan during the life cycle.