Yuefeng Aluminum Group received 1.9 billion yuan project target from North American car companies
January 14, 2025
Yuefeng Aluminum Group Co., Ltd. recently received a "Supplier Designation Notice" from a well-known traditional automobile manufacturer in North America. The company will supply 7 parts products including gearbox housings and motor casings to this customer's pure electric platform. According to customer planning, the life cycle of this designated project shall be no less than 5 years, and the total sales amount during the life cycle is approximately RMB 1.9 billion. Mass production of this designated project is expected to gradually begin in the fourth quarter of 2026.
The production site of this project is the Mexican production base. The acquisition of this project is a breakthrough for the company to support customers of traditional North American automobile manufacturers. It reflects the customers 'recognition of the company's production, quality management and service capabilities during the cooperation process, and is conducive to further enhancing the company's competitiveness and sustainable development capabilities in the international market are in line with the company's overall development plan. This project is expected to gradually begin mass production in the fourth quarter of 2026 and will not have a significant impact on the company's operating results for the year.
