Jindao Technology (301279.SZ) announced that the company and Hangcha Group Co., Ltd. (“Hangcha Group” for short) or...
Zhitong Finance App News, Jindao Technology (301279.SZ) announced that the company signed a “Supporting Agreement” with Hangcha Group Co., Ltd. (“Hangcha Group” or “Buyer”). The buyer and seller agreed on the purchase and sale of forklift transmission products and accessories based on the principles of friendly cooperation, equality and voluntariness, and specially concluded this agreement. The seller sells forklift transmission products and accessories to the buyer. The specific purchase quantity is based on the buyer's monthly valid procurement plan. Implementation will begin in January 2025, and the contract will be valid for two years.
The sales contract signed this time is conducive to future sales of forklift transmission products and accessories. The smooth execution of this contract is expected to have a positive impact on the company's business performance for the next two years. The specific revenue recognition will be confirmed in accordance with the execution of the contract and the relevant provisions of corporate accounting standards and the company's accounting policies.
