Yonggui Electric announced that Jiangsu Yonggui New Energy Technology Co., Ltd., a holding subsidiary of the company, recently received a notice of winning the bid. The winning project was CRRC Datong Electric Locomotive Co., Ltd.'s power battery procurement project. The winning product was an electric battery replacement cabinet, with a total bid amount of 21.45 million yuan. A formal contract has not been signed for the above winning project. If a formal contract can be signed and successfully implemented, it will have a positive impact on the company's business performance in 2026 and future years.

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.