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Weihai Guangtai announced that the company signed an airport equipment product sales contract with India's Aport Aviation Service Co., Ltd., and the other party will purchase products such as aircraft tractors, shuttles, aircraft power vehicles, and aircraft container handling platforms from the company. The contract amount is US$17.0424 million, or about RMB 115 million. The company has received the advance payment. The contract takes effect from the date the advance payment is received. The products are shipped in three batches, and the corresponding batch payment is paid before each batch is shipped. The contract is the largest airport equipment sales contract signed by the company in Asia. If successfully executed, it will have a positive impact on the company's annual operating results. The transaction was settled in US dollars, and there are performance risks such as exchange rate fluctuations and changes in international trade policies.
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Weihai Guangtai announced that the company signed an airport equipment product sales contract with India's Aport Aviation Service Co., Ltd., and the other party will purchase products such as aircraft tractors, shuttles, aircraft power vehicles, and aircraft container handling platforms from the company. The contract amount is US$17.0424 million, or about RMB 115 million. The company has received the advance payment. The contract takes effect from the date the advance payment is received. The products are shipped in three batches, and the corresponding batch payment is paid before each batch is shipped. The contract is the largest airport equipment sales contract signed by the company in Asia. If successfully executed, it will have a positive impact on the company's annual operating results. The transaction was settled in US dollars, and there are performance risks such as exchange rate fluctuations and changes in international trade policies.
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