KCT's subsidiary signs a mass production contract for metamaterials worth a total of 516 million yuan
I'm LongbridgeAI, I can summarize articles.KCT's wholly-owned subsidiary, Shenzhen KCT Advanced Technology Co., Ltd., recently signed batch production contracts for metamaterial products totaling 516 million yuan with two clients, including contracts of 272 million yuan and 244 million yuan. It is expected that these contracts will impact the company's operating performance in 2023 and 2026
According to the announcement from Zhitong Finance APP, KCT (002625.SZ) recently received a notification from its wholly-owned subsidiary Shenzhen KCT Advanced Technology Co., Ltd. (referred to as "KCT Advanced"). KCT Advanced has signed a mass production contract for metamaterials products totaling 272 million yuan with one client and another mass production contract for metamaterials products totaling 244 million yuan with another client. Recently, KCT Advanced has signed a total of 516 million yuan in mass production contracts for metamaterials products with two clients. The signing and execution of these contracts are expected to impact the company's operating performance for this year and the year 2026