Huada(SH:603358) Xin Lang Cai Jing·2025-11-10 12:08Core Viewpoint - Huada Technology (603358) has recently secured project designations from domestic automotive manufacturers and new energy battery companies, indicating strong recognition from clients and potential revenue growth in the passenger vehicle and new energy vehicle markets [1] Group 1: Project Designations - The company has received project designations for 16 body parts from 12 clients [1] - Its wholly-owned subsidiary, Jiangsu Hengyi Industrial Technology Co., Ltd., has secured project designations for 4 new energy vehicle battery box pallets from 3 clients, with an expected lifecycle sales amount of 1.14 billion yuan, set to begin mass production in Q4 2025 [1] - Another wholly-owned subsidiary, Huachi New Energy Technology (Jiangsu) Co., Ltd., has obtained project designations for 3 aluminum die-casting projects from 3 clients, with an anticipated lifecycle sales amount of 980 million yuan, planned for mass production in Q2 2026 [1] Group 2: Financial Impact - The project designations are expected to positively impact the company's future annual revenue and operational efficiency, although the specific financial impact will depend on order conditions [1] - For the first three quarters of 2025, Huada Technology reported revenues of 3.614 billion yuan and a net profit attributable to the parent company of 393 million yuan [1]