In July, against the bustling atmosphere of the Frankfurt Exhibition in Mexico, Chairman Lin of CFN led the core team to attend this top-tier industry event in Latin America. With Tesla-adapted auto parts solutions and forward-looking layouts, the delegation kicked off a new chapter of regional cooperation. As a key platform connecting the North American and Latin American automotive industry chains, this exhibition attracted 13,652 professional visitors worldwide, building an efficient bridge for cross-border auto parts collaboration.
At the exhibition, CFN focused on showcasing precision components tailored for Tesla models such as Model Y and Cybertruck, including core components for electric drive systems and lightweight structural parts. The over 45% gross profit margin advantage brought by its cold forging technology and the ISO Grade 3 precision standard aroused widespread attention. During on-site exchanges, Chairman Lin stated, "As a core hub of Tesla's supply chain, Mexico accounts for 87% of North America's auto parts exports. It is a strategic fulcrum for CFN to layout Tesla's supporting system. Our localized services can directly avoid 50% of import tariff risks."
During the event, Chairman Lin reached cooperation intentions with 15 local Tier 1 suppliers serving Tesla, covering key fields such as motor shaft processing and transmission system adaptation. Relying on Mexico's advantages in automotive industry clusters and the policy dividends of the United States-Mexico-Canada Agreement (USMCA), these cooperations will help CFN integrate into Tesla's regional supply chain network.
This participation in the exhibition demonstrates CFN's determination to deepen its presence in the new energy auto parts market and aligns with the global trend of supply chain restructuring. In the future, CFN will take Mexico as a base, continue to release technological momentum, and create value growth together with partners in the Tesla ecosystem.
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