[Zhejiang Rongtai: awarded designated project from overseas power battery manufacturer]
Zhejiang Rongtai announced that it has recently received a designated notification from an overseas power battery manufacturer, choosing the company as its supplier for thermal runaway protection insulation components for battery packs. According to the customer's plan, this designated project will total 1, with a lifecycle of 4 years and a total sales amount of approximately RMB 785 million. The designated project is expected to begin mass production in 2025.
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