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Robotech's subsidiary signs a major daily operation contract worth 246 million yuan
Beijing Business Today (Reporter Wang Manlei) On the evening of April 2, Robotech (300757) disclosed an announcement stating that a subsidiary of its wholly owned subsidiary, ficonTECServiceGmbH (hereinafter referred to as “ficonTEC”), entered into a new batch of material contracts for ordinary course operations with a company F listed on the Nasdaq on April 1. The contract amount is USD 35.70 million (equivalent to approximately RMB 246 million) and consists of orders for mass-production coupling equipment and services that apply to a plug-and-play silicon photonics technology route. These orders account for approximately 25.9% of the company’s audited operating revenue for fiscal year 2025.
Robotech said that Company F has no related-party relationship with the company or its wholly owned subsidiary ficonTEC, and this transaction does not constitute a related-party transaction. The performance of the above contracts will not have a significant impact on the business independence of the company and the subsidiaries of its wholly owned subsidiary ficonTEC. The principal business of the company and the subsidiaries of its wholly owned subsidiary ficonTEC will not become dependent on the contracting parties due to the performance of the contracts. If the contracts are successfully performed as expected, they are anticipated to have a positive impact on the company’s operating performance for fiscal year 2026.