Xinzhi Group announced that it has recently received a designated notice from Volkswagen Group, becoming its supplier of rotor assemblies for electric drive projects. The company has continued to invest in the new energy vehicle drive motor business, with rapidly increasing shipments and leading the industry. This order from Volkswagen is a milestone, indicating the company's transformation from Tier 2 to Tier 1, achieving a global breakthrough in new energy business strategy, and helping to expand overseas markets. However, there are uncertainties in the project, and it is expected to have no significant impact on this year's revenue and profits.
信质集团：成为大众电驱动项目定转子总成供应商
Xinzhi Group: becoming the designated supplier of rotor assemblies for mass electric drive projects.
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