Xianhui Technology won 620 million overseas orders to help the development of the new energy vehicle market

Recently, Xianhui Technology, a company listed on the Science and Technology Innovation Board, announced that its German subsidiary has received an order from an important European vehicle group company to provide highly flexible customized production lines for the group's next-generation new energy vehicle batteries and models. The contract amount is approximately RMB 620 million. This is another major breakthrough after the company received an order of nearly 80 million euros from a leading European OEM in February this year. Since its listing in 2020, Xianhui Technology has successfully expanded its market share with its two-wheel drive strategy in the fields of intelligent manufacturing equipment and new energy battery components. At present, the company is actively promoting a 700 million yuan fixed increase project to further consolidate its market position.