001360SZSE

Announcement on Signing Daily Operating Contract

Nan Mining Group·

✨ AI Summary

The company has signed a daily operating contract with Inner Mongolia Xijin Mining Co., Ltd. for a total amount of RMB 296 million, representing 38.08% of its audited revenue for 2024. The contract is expected to positively impact the company's revenue and operating profit in the current and future years. There are risks associated with the execution of the contract due to various market and policy factors.

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Full Translation

AI Translation· azure_openai

Nanchang Mining Machinery Group Co., Ltd. (the "Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. Contract Effectiveness Conditions: This contract becomes effective after being signed and sealed by the legal representatives or authorized agents of both parties and upon receipt of the full advance payment.
  2. The contract amount is RMB 296,000,000.00 (including tax), accounting for 38.08% of the Company's audited operating revenue for 2024. The performance of the contract will have a positive impact on the Company's operating revenue and operating profit for this year and future years. The Company will recognize revenue in accordance with the contract requirements and revenue recognition principles in the corresponding accounting periods (subject to the Company's audited financial reports).
  3. Special Risk Reminder: During the specific execution of the contract, there is uncertainty regarding whether the contract can be smoothly fulfilled and revenue confirmed due to various policy and market factors. The Company will actively take countermeasures to ensure the normal performance of the contract. The Company will strictly comply with relevant laws and regulations and fulfill its information disclosure obligations in a timely manner. Investors are advised to make cautious decisions and pay attention to investment risks.

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