Jifeng Auto Parts secures seat assembly project

Ningbo Jifeng Auto Parts announced that its wholly-owned subsidiary, Jifeng Seats (Hefei) Co., Ltd., has secured a designated project from a leading automaker to develop and manufacture front-row seat assemblies. Production is slated to begin in April 2026, with an estimated project lifecycle of six years and a total contract value of CNY 1.3 billion. While the designation does not constitute a sales contract, it signifies customer recognition of Jifeng's capabilities in seat assembly development and supply. The company cautions that project timelines and actual sales may be subject to risks including unforeseen circumstances, market conditions, and customer demand fluctuations.