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Robotech's subsidiary signs a major daily operation contract worth 246 million yuan
Beijing Business Today News (Reporter Wang Manlei) On the evening of April 2, Robotect (300757) disclosed an announcement stating that its wholly owned subsidiary, ficonTECServiceGmbH (hereinafter referred to as “ficonTEC”), and its subsidiary entered into a new batch of material contracts for ordinary course business with a company listed on Nasdaq, identified as Company F, on April 1. The contract amount is USD 35.70 million (approximately RMB 246 million), and it consists of orders for production-scale coupling equipment and services that are applicable to a pluggable silicon-photonics technology route. The orders account for approximately 25.9% of the company’s audited operating revenue for fiscal year 2025.
Robotect said that Company F has no related-party relationship with the company or its wholly owned subsidiary ficonTEC, and this transaction does not constitute a related-party transaction. The performance of the above contracts will not have a significant impact on the business independence of the company and the subsidiary of its wholly owned subsidiary ficonTEC. The main business of the company and the subsidiary of its wholly owned subsidiary ficonTEC will not create dependency on the counterpart of the contract due to the performance of the contract. If the contracts are completed smoothly, they are expected to have a positive impact on the company’s operating performance for fiscal year 2026.