Changxinsheng Signs 4.5 Billion Yuan Long-Term Fiber Optic Cable Order

C114 News, July 29 (Nanshan) — Changxin Bochuang announced that its holding subsidiary Changxin Sheng has signed a long-term cooperation agreement with an existing customer. The agreement takes effect on the date of signature by both parties and runs through December 31, 2030.

Estimated sales under the agreement during its term are approximately RMB 4.5 billion (excluding tax). Actual sales will be based on orders confirmed by both parties and product unit prices agreed at the time.

Under the transaction, Changxin Sheng will sell a package of optical fiber and cable-related products to an existing customer. To meet the customer's bundled procurement needs, the company plans to purchase the relevant optical fiber and cable products in batches from external suppliers based on the customer's actual orders, and then deliver them to the customer.

Data show that the estimated sales under the agreement account for about 178% of Changxin Bochuang's audited 2025 revenue.

Changxin Bochuang said the customer has a good credit standing and strong performance capability, and performance risk is controllable. There is no related-party relationship between the company and the customer. Based on the company's current understanding, the counterparty's project requirements are clear and its business background is well defined. The agreement therefore has a solid basis for performance and is feasible to implement. The company will steadily advance implementation in strict accordance with the agreement and internal control requirements.

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