Feilong secures CNY400m SAIC thermal management contract

Feilong Auto Components received a nomination letter from SAIC Motor Corporation Limited Passenger Car Branch, appointing it as supplier for a thermal management integrated module project.

The contract is projected to generate over CNY400 million in sales revenue over its lifecycle. Feilong expects the project to increase future annual operating income and profitability, strengthening its market position in the thermal management sector.