(Yicai Global) May 22 -- Shares of Automotive Trim Group rose after the Chinese supplier of auto components received its third large order in the space of two months.

Automotive Trim [SHA: 603035] ended 2.7 percent higher at CNY18.87 (USD2.68) in Shanghai today, after opening up 5.4 percent this morning.

Automotive Trim will supply structural components, including steering columns and side panels, to a renowned Chinese new energy vehicle maker between next year and 2028, the Changshu-based firm announced yesterday.

The order, another breakthrough in new client development for Automotive Trim, is expected to generate CNY1.9 billion (USD270.6 million) of revenue over the next five years, it added, noting that the deal will likely help the company secure more orders in the future.

On March 12, Automotive Trim said it would become the designated door panel supplier to Volkswagen Anhui Automobile, a joint venture of Germany’s Volkswagen, China’s JAC Automobile Group, and another Chinese NEV maker. Those two orders are expected to bring Automotive Trim about CNY780 million (USD111.1 million) in revenue, it pointed out.

Editor: Futura Costaglione