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The suspension of Starnet Yuda (002829.SZ)'s military procurement eligibility will have a certain impact on the company's operations in the short term
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Zhitong Finance App News, Starnet Yuda (002829.SZ) issued an announcement. The company found information on “the suspension of processing of Beijing Starnet Yuda Technology Co., Ltd.” on the military procurement network (hereinafter referred to as “military procurement network”). The suspension of processing is effective for the entire military.

Currently, the company's overall business situation is normal, and active communication with all parties is ongoing. During the suspension period, the company will not be able to participate in military material engineering service procurement activities. This matter will have a certain impact on the company's operations in the short term; however, the relevant contracts signed before the suspension date are still being executed normally.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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