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USPACE TECH (01725.HK) has signed a procurement contract with TREEFAM.
On February 17, Glonghui announced that USPACE TECH (01725.HK) has entered into a procurement contract with TREEFAM Holdings L.L.C-FZ (TREEFAM) as of February 17, 2025. According to this contract, the company will supply and TREEFAM will procure 600 five-meter spatial resolution remote sensing Satellites (model A-OS15-6U). The total contract price is 21 million USD, and the Satellites will be delivered within three years from the effective date. The signing of the contract indicates that the company will produce five-meter spatial resolution optical Satellites using an industrial, large-scale, and mass production model.
Express News | Uspace Technology - to Supply 600 5-Metre Spatial Resolution Remote Sensing Satellites for US$21.0 Mln
Express News | Uspace Technology - Plans to Manufacture 100 Satellites in Q1 of 2025
Express News | Uspace Technology - Entered Mou With Kingdom of Bahrain National Space Science Agency
USPACE TECH (01725) stock price fluctuates, control rights may change hands.
USPACE TECH (01725) announced that the company has noted the recent increase in its share price and Volume. After considering the situation...
Gelonghui Announcement Highlights (Hong Kong Stocks) | YUM CHINA (09987.HK) reported a 36% increase in operating profit for the fourth quarter, achieving same-store trade volume growth for the eighth consecutive quarter.
【Today's Focus】YUM CHINA (09987.HK) reports a 36% increase in operating profit for the fourth quarter, achieving same-store Trade growth for the eighth consecutive quarter. YUM CHINA (09987.HK) announced that in the fourth quarter of 2024, total revenue increased by 4% year-on-year to 2.6 billion USD, marking a historic high for the fourth quarter (or growth of 4%, not considering foreign currency translation impacts). Same-store sales reached 99% of last year's level, up from 97% in the third quarter. Same-store Trade volume grew by 4% year-on-year, achieving growth for the eighth consecutive quarter. Operating profit increased by 36% year-on-year to 0.151 billion USD. Core operation