Jingao subsidiary signed 480 million orders with Otway

2023-06-07 11:32:00

The contract amount is about 480 million yuan.

On June 7, Ottway announced that the company's holding subsidiary, Wuxi Song Porcelain Electrical and Mechanical Co., Ltd., signed a sales contract with Qinghai Jingke Energy Co., Ltd. The subject matter of this contract is a large-size single crystal furnace with a contract value of about 480 million yuan (including tax). The contract shall come into effect from the date of signature and seal by both parties, and shall be delivered in batches within 3 months after the contract comes into effect.

It is understood that Song Porcelain Mechatronics is an important enterprise in the field of photovoltaic equipment in China , focusing on the research and development, production and sales of photovoltaic equipment, ingot casting equipment and direct electrification projects. The signing of this contract will be conducive to the business development of Song Porcelain Mechatronics and the company's revenue growth.

But at the same time, Otway also said that due to the average acceptance cycle of pine porcelain electromechanical products is 6-9 months, affected by the specific delivery batch and acceptance time of the contract, the impact of contract performance on the performance of 2023 is uncertain, which will have a positive impact on the company's business performance in 2024.

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Correlation

The contract amount is about 480 million yuan.

2023-06-07 11:32:00

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.