Dongguan Yian's Subsidiary Wins Major Mg Alloy Project from Auto OEM

Published: Dec 19, 2025 17:49

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[SMM Flash News] On December 16, Dongguan Yian Technology Joint Stock Company disclosed the "Announcement on the Major Project Award to its Controlled Subsidiary Chaohu Yian Yunhai Technology Co., Ltd. by a Customer". Chaohu Yian Yunhai Technology Co., Ltd. (hereinafter referred to as "Yian Yunhai"), a controlled subsidiary of Dongguan Yian Technology Joint Stock Company, has been awarded a major magnesium alloy project by a domestic automotive OEM parts manufacturer (due to confidentiality requirements, its name cannot be disclosed, hereinafter referred to as "the Customer"). Yian Yunhai will develop and supply magnesium alloy powertrain housing parts for new energy vehicles to the Customer. According to the Customer's plan, this project is expected to commence mass production by the end of March 2026, with the total order amount estimated to be 430 million yuan. The Customer's project award does not constitute a binding order, and the actual delivery time, price, and quantity of the products will ultimately be determined by the subsequent formal supply agreement or sales order between the two parties. This project is expected to commence mass production by the end of March 2026 and will not have a significant impact on the Company's performance for the current year.

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