Yonggui Electric announced that Jiangsu Yonggui New Energy Technology Co., Ltd., a holding subsidiary of the company, recently signed two material procurement contracts with CRRC Qingdao Sifang Locomotive Co., Ltd. The subject of the contract was the intelligent iterative upgrade EMU battery box with a speed of 350 kilometers per hour, with a total contract amount of 294.93 million yuan. If the order is successfully fulfilled, it is expected to have a positive impact on the company's business performance in 2026 and future years. There is a risk that contract execution will not be able to be fulfilled as scheduled or fully due to unpredictable factors such as policies and market conditions.

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