Brief: Yusei Holdings Says Group Has Successfully Passed Accreditation Assessment Of Tesla Inc.
16/03/2020 14:49
March 16 (Reuters) - Yusei Holdings Ltd 0096.HK :
* GROUP HAS SUCCESSFULLY PASSED ACCREDITATION ASSESSMENT OF
TESLA
INC.
* NEW TESLA BUSINESS EXPECTED TO BRING ADDITIONAL ANNUAL
REVENUE
OF ABOUT RMB 50 MLN TO GROUP
* GROUP'S FACTORIES IN PRC HAVE GRADUALLY RESUMED PRODUCTION
FROM
MID-FEBRUARY 2020
* BECOMES APPROVED SECONDARY SUPPLIER OF TESLA IN CHINA
QUALIFIED
FOR SUPPLYING PARTS AND COMPONENTS
* ALTHOUGH SOME ORDERS MAY BE DELAYED IN DELIVERY, GROUP CAN
STILL
MEET NEW DEMANDS FOR ORDERS FROM TESLA
* EXPECTS GROUP CAN STILL MEET NEW DEMANDS FOR ORDERS FROM
TESLA
UNDER CURRENT PRODUCTION CAPACITY
* BECOMES APPROVED SECONDARY SUPPLIER OF PARTS FOR TESLA'S
ELECTRIC VEHICLE PRODUCTION BASES LOCATED IN PRC AND GERMANY
Source text for Eikon: urn:newsml:reuters.com:*:nHKS9k4Sk2
Further company coverage: 0096.HK
((Reuters.Briefs@thomsonreuters.com;))
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