002323SZSE
🚨 Material Event

Progress Announcement on Contract Signing by Wholly-Owned Subsidiary for EPC Project

*ST Yabo Co., Ltd.··3 pages

✨ AI Summary

Shandong Yabo Technology Co., Ltd. announces its wholly-owned subsidiary, Zhongfu Kai New Energy Technology, signed an EPC contract for the Meihekou Ruoshi New Energy 50MW/100MWh frequency regulation energy storage power station project. The contract value is RMB 99.8 million, representing 34.05% of the company's 2025 audited revenue. The project is expected to positively impact future performance.

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Securities Code: 002323

Securities Abbreviation: *ST Yabo

Announcement Number: 2026-046

Shandong Yabo Technology Co., Ltd.

Progress Announcement on Contract Signing by Wholly-Owned Subsidiary for EPC Project

The Company and all members of the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

I. Contract Signing Overview

Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") announced on July 22, 2026, the "Announcement on Winning Bid for Project" (Announcement Number: 2026-043). Its wholly-owned subsidiary, Shandong Zhongfu Kai New Energy Technology Co., Ltd. (hereinafter referred to as "Zhongfu Kai"), participated in the bid for Meihekou Ruoshi New Energy Co., Ltd.'s (hereinafter referred to as "Meihekou Ruoshi") 50MW/100MWh frequency regulation energy storage power station project.

Recently, Zhongfu Kai signed the "EPC General Contracting Project General Contract for 50MW/100MWh Frequency Regulation Energy Storage Power Station Project" with Meihekou Ruoshi. The total contract price is RMB 99,800,000 (including tax), accounting for 34.05% of the Company's audited operating income in 2025. If the project is successfully implemented, it is expected to have a positive impact on the Company's future operating performance.

This contract is a normal business contract. According to the "Shenzhen Stock Exchange Stock Listing Rules" and the "Company Articles of Association," it does not require submission to the Company's Board of Directors or Shareholders' Meeting for deliberation.

II. Introduction of the Counterparty

  1. Basic Information

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