Siquan New Materials: Winning a bid for a liquid cooling product project is expected to boost performance.

Siquan New Materials announced that the company recently received a notification from a customer confirming that they have been awarded the bid for a certain liquid cooling product project. The awarded products will be ordered and delivered on a monthly basis, and the final contract details are still to be negotiated. The trading partner has good business and financial conditions, and is capable of fulfilling the contract. If the project is successfully implemented, it is expected to have a positive impact on this year's and future year's performance, but there are also operational and financial risks. Currently, only the bid notification has been received, and no formal contract has been signed.