Gelonghui (688667.SH) announced on November 23|Lingdian Electronic Control () announced that the company recently received a “Supplier Designation Notice” from Anhui Jianghuai Automobile Group Co., Ltd. (the “customer”), which determined that the company is a development supplier of ECU components, gas rail assemblies, pressure reducer assemblies, and low pressure filters for the 3.0L natural gas engine matching the Kangling vehicle project.

The 3.0L natural gas engine is a modification of the main body of the diesel engine and is mainly used in the N2 model. Successful development of the project will enable the company to enter the N2 light truck market, and market space and profitability will increase dramatically. Currently, the N2 market is mainly for diesel models. Successful development of natural gas models will greatly reduce operating costs for car buyers, and there are good market prospects after tight natural gas supply is greatly reduced. The targeting of this project reflects the customer's recognition of the company's R&D capabilities, supply chain capabilities and product quality, and further enhances the company's market competitiveness.