Zhejiang Tiancheng Controls Receives Designation Notice for Car Seat Assembly

MT NewswiresDec 4 14:28

Zhejiang Tiancheng Controls (603085.SH): Received customer project fixed-point notification

On December 3, Gelonghui reported that zhejiang tiancheng controls (603085.SH) announced it has recently received a formal notification for a passenger vehicle seat assembly project from a well-known domestic auto company, and the company has been designated as the key supplier for this passenger vehicle seat assembly project. According to the customer's plan, mass production is expected to start in January 2025, with a project lifespan of two years, and it is anticipated that a total of 0.05 million passenger vehicles will be supported during the project cycle.

Gelonghui FinanceDec 3 16:46

Express News | Zhejiang Tiancheng Controls has become a designated supplier for a well-known auto company's passenger vehicle seat assembly project.

BreakingsDec 3 16:46

A-share low-altitude economy concept stocks rose, shandong mining machinery group hit two consecutive daily limit up

On November 28, Shandong Mining Machinery Group hit the daily limit for the second consecutive day, while Zhejiang Tiancheng Controls made a strong impact to reach the daily limit. Chongqing Zonsen Power Machinery, CITIC Offshore Helicopter, Shenzhen Chiwan Wharf Holdings, Hebei Jianxin Chemical and others led in terms of increase. On the news front, the Study Times reported that China's low-altitude economy has shown a positive trend since the beginning of this year. According to the data from the Civil Aviation Administration of China, it is estimated that by 2025, the market size of China's low-altitude economy will reach 1.5 trillion yuan, and by 2035, it is expected to reach 3.5 trillion yuan.

Gelonghui FinanceNov 28 09:49

Zhejiang Tiancheng Controls Plans 400-Million-Yuan Investment for Thai Production Base

MT NewswiresNov 19 17:02

Zhejiang Tiancheng Controls (603085.SH): plans to invest no more than 0.4 billion yuan to build a production base in Thailand

Gelonghui, on November 18th, Zhejiang Tiancheng Controls (603085.SH) announced that, based on the company's business layout and medium to long-term global strategy development plan, in order to further accelerate project investment and construction to meet customer demand, achieve local matching of products and parts production, enhance market share, the company held the fourteenth meeting of the fifth board of directors on November 18, 2024 to review and approve the "Proposal on the Company's Outward Investment", agreeing that the company will invest in the construction of a production base in Thailand with its own or self-raised funds not exceeding 400 million yuan (or equivalent foreign currency), including but not limited to purchasing land, purchasing fixed assets, renting.

Gelonghui FinanceNov 18 15:34