Shanghai Automobile Air-Conditioner Accessories (SHA:603107) was selected for a global fuel rail project by an overseas customer.
Total sales value is expected to exceed 500 million yuan over the project's lifecycle, according to a Tuesday filing with the Shanghai bourse.
The project is expected to begin sample deliveries by the end of 2025, with mass production starting in 2027.
Shares of the automotive air conditioning pipe manufacturer rose less than 1% in recent trade.