Core Viewpoint - The company, Kingood Co., Ltd. (002488), has received a notification from VinFast, a leading new energy vehicle manufacturer in Vietnam, to become a primary supplier of passenger car wheels, which is expected to impact the company's revenue and profit levels this year [1]. Group 1 - The company will develop and supply passenger car wheel products for VinFast as per the client's requirements [1]. - The project is anticipated to commence mass production in September of this year [1]. - The expected impact on the company's revenue and profit levels will be realized within the current fiscal year [1].

Core Viewpoint - The company, Jingu Co., Ltd. (002488.SZ), has received a notification from VinFast, a leading new energy vehicle manufacturer in Vietnam, to become a primary parts supplier for passenger car wheels, which will enhance its market presence in Southeast Asia and support its global strategic layout [1] Group 1: Company Developments - Jingu Co., Ltd. will develop and supply passenger car wheel products according to VinFast's requirements [1] - The project is expected to enter mass production in September this year, which will impact the company's revenue and profit levels for the current fiscal year [1] Group 2: Industry Context - VinFast is the first domestic automotive brand in Vietnam and is listed on the US stock market, actively expanding its global production capacity [1] - The vehicles produced by VinFast are marketed in various regions, including Vietnam, Thailand, Indonesia, Malaysia, the Philippines, India, and the United States [1] Group 3: Company Profile - The company is a research-driven enterprise recognized as a national and provincial intellectual property demonstration enterprise, having passed the re-evaluation as a national intellectual property advantage enterprise [1] - The company emphasizes technological innovation and product research and has extensive experience in the industrialization of scientific and technological achievements, supported by a comprehensive research and development system [1]

Core Viewpoint - The company, Jingu Co., Ltd. (002488.SZ), has received a notification from VinFast, a leading Vietnamese electric vehicle manufacturer, to become a primary parts supplier for passenger car wheels, which will enhance its market presence in Southeast Asia and support its global strategic layout [1] Group 1: Company Developments - Jingu Co., Ltd. will develop and supply passenger car wheel products according to VinFast's requirements [1] - The project is expected to enter mass production in September this year, which will impact the company's revenue and profit levels for the current fiscal year [1] Group 2: Industry Context - VinFast is the first domestic automotive brand in Vietnam and is listed on the US stock market, actively expanding its global production capacity [1] - The vehicles produced by VinFast are sold in various markets, including Vietnam, Thailand, Indonesia, Malaysia, the Philippines, India, and the United States [1] Group 3: Company Strengths - The company is a research-driven enterprise and has been recognized as a national and provincial intellectual property demonstration enterprise [1] - It has a strong emphasis on technological innovation and product research and development, with a comprehensive research and development system in place [1]

Core Viewpoint - The company, Kingood Co., Ltd. (002488.SZ), has received a notification from VinFast, a leading new energy vehicle manufacturer in Vietnam, to become a primary supplier of passenger car wheel products [1] Group 1 - The company will develop and supply wheel products according to the requirements of VinFast [1] - The collaboration signifies a strategic partnership in the growing new energy vehicle sector [1]

Group 1 - Several A-share automotive parts companies have recently secured designated orders, indicating a prosperous industry chain [1][3] - Zhejiang Tiancheng Automation received a project for passenger car seat assembly from a leading domestic automaker, with a total of 215,800 vehicles to be supported during the project lifecycle, set to start production in September and October 2025 [1] - Zhejiang Jingu Co., Ltd. secured a project for passenger car wheels from a global leading automaker, with an estimated sales amount of approximately $158 million over the first five years, expected to start production in 2026 [1] Group 2 - New energy-related projects dominate the designated orders, with Ningbo Xingyuan Zhuomai receiving a project for magnesium alloy powertrain shell components for electric vehicles, expected to generate sales of about $6.5 million by 2026 [3] - The trend towards intelligent driving is increasing demand for related components, as Zhejiang Yatai Electromechanical received a project for an integrated brake control module, with an estimated sales amount of around $2 million, expected to start production in early 2026 [3] - The overall market for new energy vehicles is thriving, with retail sales of passenger cars in May reaching 1.93 million units, a year-on-year increase of 13%, and new energy vehicle retail sales surpassing 1.056 million units, a 30% increase year-on-year, achieving a penetration rate of 53.5% [3]