Yapp Automotive Systems (603013.SH): Wholly-owned subsidiary receives customer project designation.

On February 27, Glen Eagle announced that Yapp Automotive Systems (603013.SH) stated its wholly-owned subsidiary Yapp Automotive Systems USA recently received a project allocation notice from a North American auto manufacturer (the name cannot be disclosed due to confidentiality requirements, referred to as the customer). According to the customer's plan, Yapp USA will provide over 2 million sets of high-pressure RBOB Gasoline tank systems, with an estimated product sales revenue of approximately 3.1 billion RMB during the model's lifecycle.

Gelonghui FinanceFeb 27 15:54

Express News | Yapp Automotive Systems: A wholly-owned subsidiary has obtained a designated project from a North American auto manufacturer, with estimated product sales of approximately 3.1 billion yuan over the product life cycle.

BreakingsFeb 27 15:52

Express News | Yapp Automotive Systems: A wholly-owned subsidiary has been awarded a project to supply over 2 million high-pressure RBOB Gasoline tank systems to a North American customer.

BreakingsFeb 27 15:32

Yapp Automotive Systems (603013.SH): Relying on Global layout advantages and brand influence, vigorously expanding overseas Business and markets.

On January 22, 2023, Yapp Automotive Systems (603013.SH) stated during a meeting with institutional investors that in recent years, the company has vigorously expanded its overseas business and market by relying on its Global layout advantages and brand influence. Currently, the company's international development presents three characteristics: first, "early start": in 2005, the company transferred its RBOB Gasoline system technology overseas, and in 2008, it established its first overseas production base in India. It can be said that the company is one of the earliest auto parts enterprises in China to "go global." Second, "comprehensive layout": currently, the company has established 25 production bases in 11 countries across 4 continents.

Gelonghui FinanceJan 22 15:38

Yapp Automotive Systems (603013.SH): Currently, the company's RBOB Gasoline system Business field has achieved a well-established Global capacity layout.

On January 16, Gelonghui reported that Yapp Automotive Systems (603013.SH) recently stated during an institutional investor survey that the company's RBOB Gasoline system business sector has achieved a comprehensive global capacity layout, laying a solid foundation for the company's stable development in the future. The company's future capital expenditures will focus mainly on two aspects: first, to respond to the rapid growth of hybrid vehicle models, the company will increase investment in the independent upgrading and transformation of its RBOB Gasoline system production lines, and will adjust production capacity globally according to market conditions; second, accelerate investments in new business areas, including Thermal Management systems, hydrogen storage systems, and Battery pack shells.

Gelonghui FinanceJan 16 15:35

Yapp Automotive Systems (603013.SH): The company currently has 9 Overseas production bases.

On January 16, Grlonghui reported that Yapp Automotive Systems (603013.SH) recently stated during the reception of institutional investor research that the company clearly proposed the "open cooperation and independent development" operation development strategy in 2005, marking the beginning of its journey toward internationalization. Through product output, technology output, establishing overseas factories, and international mergers and acquisitions, the company currently has 9 overseas production bases located in India, Russia, the Czech Republic, Uzbekistan, the USA, Mexico, and Brazil. Currently, the company's overseas layout is gradually improving, and overseas operations are steadily developing.

Gelonghui FinanceJan 16 15:35