002685SZSE

Announcement on the Progress of Signing Routine Business Contracts

Wuxi Huadong Heavy Machinery Co., Ltd.··3 pages

✨ AI Summary

Wuxi Huadong Heavy Machinery Co., Ltd. has signed a contract with Adani Group for smart port equipment. Payments are scheduled from 2027 to 2029, based on project progress and annual performance. This contract is part of the company's routine business and is expected to significantly enhance future performance and service capabilities, though it carries market and cost fluctuation risks.

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Full Translation

AI Translation· azure_openai

Special Instructions:

  1. Recently, Wuxi Huadong Heavy Machinery Co., Ltd. (hereinafter referred to as "the Company") has signed a contract with the Adani Group regarding smart port equipment. The Company has completed all related sales agreements.

  2. The project is planned for payment distribution from 2027 to 2029. The order of payments will be based on future annual performance.

Please note that the project is subject to risks, including market changes and cost fluctuations, which may affect the Company's business operations.

Project Overview

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