Qinan shares received a letter of intent for a new energy vehicle project

Qinan Co., Ltd. recently received a letter of intent from a well-known new energy vehicle company, choosing the company to become its cylinder head processing assembly and cylinder block machining assembly supplier. The customer is an existing cooperative customer of the company. According to the customer's plan, the aforementioned upgrade and replacement project is expected to be put into mass production in the second quarter of 2026, and the project life cycle is expected to be 5 years.