Gelonghui November 3rd, Aviation Technology (688239.SH) announced that, based on the advantages of both parties and consideration of long-term strategic cooperation, Guizhou Aviation Technology Development Co., Ltd. (hereinafter referred to as the 'company') recently signed a strategic cooperation agreement with a certain international commercial aviation engine customer (limited to confidentiality obligations and not disclosing its name, hereinafter referred to as 'overseas customer'). According to the strategic cooperation agreement, the overseas customer will bulk purchase aviation engine forging products from the company for approximately $69 million during 2025-2026. The estimated total amount of bulk purchases is for reference only, and the specific impact on performance is subject to confirmation based on the execution of subsequent orders, not constituting performance commitments or forecasts. This cooperation will help enhance the company's market competitiveness and ensure its sustainable stable profitability.
The strategic cooperation agreement signed this time will provide strong support for the company's future performance growth, expected to have a positive driving effect on the company's market share and industry influence in the aviation engine forging field, providing certain guarantees for the company's future long-term business revenue growth. Through long-term cooperation with globally renowned customers, the company can not only ensure stable market demand for core products but also enhance technological competitiveness, drive business expansion, and increase revenue.