On July 23, China's leading high-precision drawing die and metal stamping parts manufacturer SZRM Precision Machinery Technology Group announced that the company has recently received a notice from Continental AG, a global auto parts supplier, that the company has become a new project Retaining of Continental Group BMW. Designated supplier of Plate Assy series products. According to Continental’s current forecast orders, within the supply cycle of the BMW project Retaining Plate Assy (2022 to 2029), it is estimated that the project’s corresponding new product sales will be approximately 20 million euros, which is equivalent to approximately 160 million yuan (not Tax included).
This time, it became the designated supplier of Retaining Plate Assy for the new BMW project of Continental Group. This is the first time that the company’s Retaining Plate Assy products have been applied to BMW cars. This reflects Continental’s re-recognition of the company’s technical strength, product quality and excellent supply capabilities. As the company's products of this type continue to be recognized by international component giants and well-known automobile brands, it will have a positive impact on the company's further expansion of various passenger vehicle markets, and will have an important impact on the company's mid- and long-term strategic goals.
About SZRM Precision Machinery Technology Group
SZRM Precision Machinery Technology Group is an advanced enterprise dedicated to the R&D, manufacturing and sales of high-precision drawing dies and metal stamping parts in the communications, electronics, automotive, medical and other industries. There are more than 400 employees and an annual output value of 800 million yuan.