---
title: "STARMASK's wholly-owned subsidiary signs a major procurement contract"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232557668.md"
description: "According to the Zhitong Finance APP, STARMASK announced that its wholly-owned subsidiary Zhuhai STARMASK Technology Co., Ltd. (referred to as \"subsidiary\" or \"buyer\") recently signed an equipment procurement contract with a European equipment company (referred to as \"seller\"). The procurement involves multiple imported devices related to the company's main business, with a total amount ranging from 14 million to 18 million euros, exceeding 50% of the company's audited operating costs for the most recent fiscal year, and the contract amount exceeds 100 million yuan"
datetime: "2025-03-20T09:53:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232557668.md)
  - [en](https://longbridge.com/en/news/232557668.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232557668.md)
---

# STARMASK's wholly-owned subsidiary signs a major procurement contract

According to the Zhitong Finance APP, STARMASK (688721.SH) announced that its wholly-owned subsidiary, Zhuhai STARMASK Technology Co., Ltd. (referred to as "subsidiary" or "buyer"), recently signed an equipment procurement contract with a European equipment company (referred to as "seller"). The procurement involves multiple imported devices related to the company's main business, with a total amount ranging from 14 million to 18 million euros, exceeding 50% of the company's audited operating costs for the most recent fiscal year, and the contract amount exceeds 100 million RMB

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