Langtai and BYD signed a motor shell development agreement with BYD, with an estimated amount of about 300 million yuan per year.

Author:Capital state Time:2022.08.27

On the evening of August 26, 2022, A -share company Langtai (605133.SH) announced that recently signed a motor shell development agreement with Shenzhen BYD Supply Chain Management Co., Ltd..Used to assemble the BYD E3.0 pure electric platform seal and other models.The estimated life cycle of the project is 5 years, and the estimated amount is about 300 million yuan per year. The specific order amount is subject to the actual order.

Langtai said that the motor shell items are in the sample intercourse stage, and during the process, it will be affected by many risk factors such as policies, markets, and agreement.The actual sales amount of the company will be directly related to factors such as the actual output of the automobile, and the overall situation of the automotive market may affect the production plan and procurement demand of the car manufacturer, which will then bring uncertainty on the supply volume.

Motor shell projects will be produced in batches in 2023. It is expected that the above projects will not have a greater impact on the company's operating performance this year.

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