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Soling Co., Ltd. announced that recently, its wholly-owned subsidiary Shanghai Sanqi and its wholly-owned subsidiary Hong Kong Sanqi signed a “Final Agreement” with Mitsubishi Heavy Industries to supply them with electronic equipment. The total contract price was US$1304.49 million, accounting for 120% of the company's 2025 audited revenue. Sanflag Communications should complete the delivery of 707,000 sets of products by September 30, 2028. If the contract is successfully executed, it is expected that the impact on this year's results will be small and will have a positive impact on future results. However, the execution of the contract is uncertain, and the guarantee still needs to be reviewed and filed.

Zhitongcaijing·07/30/2026 10:01:21
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Soling Co., Ltd. announced that recently, its wholly-owned subsidiary Shanghai Sanqi and its wholly-owned subsidiary Hong Kong Sanqi signed a “Final Agreement” with Mitsubishi Heavy Industries to supply them with electronic equipment. The total contract price was US$1304.49 million, accounting for 120% of the company's 2025 audited revenue. Sanflag Communications should complete the delivery of 707,000 sets of products by September 30, 2028. If the contract is successfully executed, it is expected that the impact on this year's results will be small and will have a positive impact on future results. However, the execution of the contract is uncertain, and the guarantee still needs to be reviewed and filed.