Bomei Technology: Wholly-owned Subsidiary Signs Long-term Framework Agreement for Offshore Floating Production Storage and Offloading Unit

Bomei Technology announced that its wholly-owned subsidiary Tianjin Bomei Technology recently signed a long-term cooperation agreement with Single Buoy Moorings Inc. regarding the manufacturing, integration, and related construction services of the upper module of the offshore floating production storage and offloading unit project. The agreement is valid for three years and can be extended or terminated through negotiation. This agreement is a framework and intent agreement that does not involve substantive transactions and does not require approval. It is expected to have no significant impact on the company's current operating performance. Specific cooperation in the future will require further negotiations and the signing of specific agreements.