Haili Wind Power: Signed a sales contract worth 1.085 billion yuan to sell wind turbine foundation guide frames and auxiliary components, and to provide supporting services.

(Source: Caixin)

As of the disclosure date, the company has signed multiple sales contracts with the same customer for the same deep-sea offshore project in China within the past twelve months, with a total amount (including tax) of 1.692 billion yuan (including this time).

On March 17, Haili Wind Power (301155.SZ) announced that the company recently signed a sales contract with a customer to sell wind turbine foundations, jacket structures, and auxiliary components, along with supporting services, with a total contract amount (including tax) of 1.085 billion yuan. As of the disclosure date, the total amount (including tax) of multiple sales contracts signed with the same customer for the same deep-sea offshore project in China within the past twelve months has reached 1.692 billion yuan (including this time).

The company stated that if this contract is smoothly fulfilled, it is expected to have a positive impact on the company’s operating results. The signing of this contract further deepens the cooperative relationship between the company and the customer based on their good existing partnership, reflecting the customer’s high recognition of the company’s products. It also marks the official start of the company’s orders for deep-sea offshore wind projects, which will help enhance the company’s market competitiveness; if the company can fulfill the contract smoothly, it will also strengthen its ability to secure more deep-sea offshore orders in the future. The performance of this contract does not affect the independence of the company’s operations and will not create dependency on the transaction party.

The signing of this contract is part of the company’s routine business activities, does not constitute a related-party transaction, and does not constitute a major asset reorganization as defined by the “Administrative Measures for Major Asset Reorganization of Listed Companies.” According to the Articles of Association of Jiangsu Haili Wind Power Equipment Technology Co., Ltd. and relevant internal regulations, the signing of this contract does not require approval by the company’s board of directors or shareholders’ meeting.