Radik: It has been selected by Great Wall Motor as the front and rear wheel unit suppliers

On June 30, Capital State learned that the A -share company Reydick (300652.SZ) wheel unit project received a targeted notice from customers.

The company has received a fixed development notice issued by Great Wall Motor Co., Ltd. (hereinafter referred to as "Great Wall Motors"). Completed, the company will complete the development work in accordance with the customer's requirements, and the specific sales quantity and sales amount will be subject to the order amount of the contract.

With the market size expansion and industry development of new energy vehicles in recent years, the company has focused on this market opportunity, comprehensively promoted technological innovation, and actively expanded the new market. The acquisition of this designated book is the customer's recognition of the company's supporting host business capabilities, which fully shows the company's excellent market competitiveness in the field of automotive bearing manufacturing. This cooperation is conducive to promoting the establishment of a good business relationship with the well -known automobile manufacturer or its suppliers, which is of positive significance for the company's new energy vehicle business layout and continuous rapid development, which is in line with the interests of the company and shareholders.

At the same time, the company reminded that the specific sales quantity and sales amount of the project will be based on the official contract signed. It is expected that the above project will have a significant impact on the company's income and profits level this year. In addition, the actual supply may be affected by factors such as the mass production process, market acceptance, competitive models, and macroeconomic situations of automotive plants, and have uncertainty.

- END -