Leascend: The controlling subsidiary plans to sell no less than 1000MW heterojunction solar cell products to Huasheng New Energy

Leascend announced that its subsidiary, Meishan Leascend Photovoltaic Technology Co., Ltd., has signed a framework sales contract for battery cells with Anhui Huasheng New Energy Technology Co., Ltd. Meishan Leascend will sell no less than 1,000 MW of A-grade G12 heterojunction battery cell products to Huasheng New Energy during the contract's validity period. This contract is expected to account for more than 100% of the company's audited annual revenue from main business operations in 2023, with an absolute amount exceeding 200 million yuan. The performance of the contract is expected to have a positive impact on the company's operating results for this year, with specifics to be confirmed in the company's future periodic reports