Kuang-Chi Technologies secures contracts for over 516m yuan in metamaterial products
Kuang-Chi Technologies Co., Ltd. announced that its wholly-owned subsidiary, Shenzhen Kuang-Chi Advanced Technology Co., Ltd. (Kuang-Chi Advanced), has secured two new contracts for metamaterial product mass production. One contract is for 272.28m yuan with one client, and another for 244.16m yuan with a different client. These agreements collectively amount to 516.44m yuan for metamaterial aerospace structural products, with delivery expected to be completed by June 30, 2026.
The company stated that the fulfillment of these contracts is anticipated to positively impact its operating performance for the current year and 2026. Kuang-Chi Technologies plans to continue investing in the research, production, and testing of metamaterials to enhance market competitiveness and maintain its leading position in advanced metamaterial equipment.
Kuang-Chi Technologies confirmed that both clients are independent third parties and are not related to the company. The company has fulfilled necessary approval procedures and is maintaining the confidentiality of client details as per regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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