Shanghai Yanpu has obtained multiple new project locations, with expected revenue reaching billions

Shanghai Yanpu announced that the company recently received a batch of new project designation notices from customers. These 6 new projects involve 5 end customers (OEMs) with an estimated life cycle of 4-6 years (2024 to 2030). Specifically: 1) On September 2, the company obtained 3 new project designations for the skeleton assembly platform of the leading new forces, which are expected to start mass production in 25M3, 25M7 and 25M7, with an estimated revenue of 2.27 billion yuan in the 5-year life cycle; 2) On September 4, the company obtained a designation for the skeleton assembly of a well-known domestic OEM, which is expected to start mass production in 25M10, with an estimated revenue of 210 million yuan in the 5-year life cycle; 3) On September 9, the company obtained 6 skeleton assembly designations from 5 well-known car companies, as well as 1 stamping parts designation, which is expected to start mass production from 24M7 to 25M2, with an estimated revenue of 2.35 billion yuan in the 4-6 year life cycle.