ST Yifei: Holding subsidiary signs a contract worth 2.1 billion yuan.

ST Yifei Announcement: Recently, the holding subsidiary Xinjuli has signed a "purchase and sales contract" with a leading domestic lithium battery company, with a total amount of 210 million RMB. The contract involves the purchase of two sets of lithium battery intelligent logistics equipment and systems, with payment to be settled at each performance milestone. The delivery location is for the company to deliver the goods to the customer's designated location. The contract will be in effect from the effective date until completion of performance, with a long revenue recognition period and uncertainties. If the contract is successfully carried out, it is expected to have a positive impact on the company's future annual performance.