May 12, 2021 03:45 PM (GMT+8) · EqualOcean
Kaidi announced that Kaicheng precision, a subsidiary of the company, has received a notice letter from Shanghai Weilai Automobile Co., Ltd. on the fixed point of parts. Kaicheng precision will develop and support "electric strut" parts for Shanghai Weilai. The project is expected to start on September 30, 2022 and is not expected to have a significant impact on the company's performance this year.