On September 11, Jiangsu Huachen announced that the company had signed eight Energy Storage PCS-Booster Integrated Unit Equipment Purchase Contracts with Ningxia Tianpu Core Technology Co., Ltd., with a total contract value of Yuan 428 million (tax inclusive). This business will recognize revenue using the net method. If the contracts are smoothly performed, they will have a positive impact on the company's performance for the current year and in the future.
Edited by Cassie Li, lixiangying@mysteel.com