08:15 AM EDT, 05/21/2025 (MT Newswires) -- China Automotive Systems ( CAAS ) said Wednesday its Jingzhou Henglong Auto Parts Manufacturing unit has been awarded its first R-EPS steering order from an unidentified European automobile manufacturer.

The mass production for the order, with annual sales of more than $100 million, is expected to start by 2027, the company said.

China Automotive's ( CAAS ) stock was up 3.7% in recent Wednesday premarket activity.