Core Viewpoint - YouSheng Co., Ltd. (友升股份) announced that its wholly-owned subsidiary, ZeSheng Europe, has received a project designation notification from a well-known German automotive company to develop and produce a series of battery tray products. The project is expected to start mass production in September 2027 and has a projected lifecycle of 7 years, with total sales estimated at approximately RMB 2.3 billion [1] Company Summary - YouSheng Co., Ltd. is expanding its product offerings by entering into a significant contract with a major automotive client, focusing on battery tray products [1] - The project signifies a strategic partnership with a prominent player in the automotive industry, enhancing YouSheng's market presence in Europe [1] Industry Summary - The automotive industry is increasingly focusing on electric vehicle components, such as battery trays, indicating a growing demand for related products [1] - The projected lifecycle sales of RMB 2.3 billion reflect the potential market size and revenue opportunities within the electric vehicle supply chain [1]
友升股份(603418.SH):收到德国某知名车企的项目定点通知