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Awaiting price reaction for this filing.
Jasch Industries has begun supplying coated fabrics for the interior of Hyundai Kia cars, marking its entry into a major automotive customer relationship. The company has also received a four-head imported (used) PVC/PU coated fabrics production line from abroad; full capacity details will be shared once the plant is erected and construction is complete. Additionally, commercial sales of lamination adhesive have commenced, adding a new product line to the company's portfolio.
Positive for shareholders — the move into automotive supply with a global brand like Hyundai Kia, combined with capacity expansion and a new product line, suggests potential revenue growth and diversification. However, the absence of revenue size guidance or specific capacity numbers limits near-term visibility.