Jinfei Kaida Secures Aluminum Wheel Hub Supply Deal with Major Global Automaker

Jinfei Kaida (SZSE: 002863) recently announced that it has received a supplier nomination notice from a well-known international automaker, appointing the company as a designated supplier of aluminum alloy wheels for the development and supply of related products. The company stated that this nomination reflects the customer's recognition of its technical capabilities, manufacturing expertise, and supply chain reliability, and is expected to positively impact its operating performance in future fiscal years. However, actual sales revenue will depend on formal supply contracts or purchase orders to be executed between the parties, and thus remains subject to uncertainty.