Wencan Holdings' subsidiary has been awarded a new passenger motor housing project and a body structure project by a well-known German vehicle manufacturer and a foreign electric vehicle brand

Wencan Holdings' subsidiaries Tianjin Xiongbang and Jiangsu Xiongbang have recently received important new project orders. Tianjin Xiongbang has been selected by a well-known German vehicle manufacturer as a supplier of motor housings, and will start mass production in the second quarter of 2026. The project cycle is five years, and sales are expected to be between RMB 700 million and 800 million. On the other hand, Jiangsu Xiongbang has been selected by a foreign electric vehicle brand as a supplier of body structural parts, and will start mass production in the fourth quarter of 2026. The project cycle is also five years, and sales are expected to be between RMB 300 million and 400 million.