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USPACE TECH (01725.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
Glory Union reported on March 19 that USPACE TECH (01725.HK) announced that the Board of Directors will hold a meeting on March 31, 2025, to approve (including) the annual results of the company and its subsidiaries for the year ending December 31, 2024, and to propose the distribution of a final dividend (if any).
USPACE TECH: NOTICE OF BOARD MEETING
USPACE Technology: Increase in Loss Due Impairment Loss >1725.HK
Express News | Uspace Technology Group Ltd - Expected Net Loss of Not Less Than RMB250 Million for FY2024
USPACE TECH: PROFIT WARNING
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.