Wencan Holdings' core customers have significantly increased their sales, which is expected to drive performance improvement

Wencan Holdings is a core supplier of Huawei-affiliated Seres, supplying aluminum alloy die-casting products to the Wenjie M5/M7/M9 models. As of April 2024, the new Wenjie M7 has received orders exceeding 180,000 units, and the new M7 Ultra model has achieved a delivery volume of more than 20,000 units in the first month of its launch. The M9 has received orders exceeding 100,000 units, and the new Wenjie M5 was also unveiled at the Beijing Auto Show, with orders exceeding 10,000 within 12 hours of pre-sale.