The company and its subsidiaries ensure that the information contained herein is accurate, complete, and free from false representations or significant omissions.
The company, Huadong Heavy Machinery Co., Ltd. (hereinafter referred to as "the Company"), held its 14th meeting of the fifth board of directors on April 20, 2026, which reviewed and approved the proposal regarding the performance commitments of the subsidiaries. The details are as follows:
1. Basic Situation of the Transaction
The company is expected to achieve profits of RMB 1.2 million, 2.1 million, and 3 million for the years 2024, 2025, and 2026, respectively. The profit margins should not be less than 90%.