Gold Cup Electric Apparatus Co.Ltd(002533) : Announcement on the receipt of the letter of acceptance by the company and its subsidiaries

Gold cup electric apparatus Co., Ltd

Securities code: 002533 securities abbreviation: Gold Cup Electric Apparatus Co.Ltd(002533) Announcement No.: 2022-011 Gold Cup Electric Apparatus Co.Ltd(002533)

Announcement on the receipt of the letter of acceptance by the company and its subsidiaries

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

Recently, Gold Cup Electric Apparatus Co.Ltd(002533) (hereinafter referred to as “the company”) received the letter of acceptance issued by China Resources Land Co., Ltd. (hereinafter referred to as “China Resources Land”), with the bid winning amount of RMB 62.1173 million (including tax, which shall be subject to the cumulative contract amount signed during the cooperation period).

The company’s wholly-owned subsidiary Gold Cup Electric Apparatus Co.Ltd(002533) Hengyang Cable Co., Ltd. (hereinafter referred to as “Jinbei cable”) received the letter of acceptance issued by China Southern Power Grid Materials Co., Ltd. (hereinafter referred to as “China Southern Power Grid”), and the bid winning amount was RMB 262726700 (including tax).

The total amount of the above bid winning is RMB 883899700 (including tax). The specific bid winning conditions are as follows: I. main contents of the bid winning project

(I) China Resources Land Project

1. Scope of cooperation: strategic procurement of 0.6/1.0kv ordinary low-voltage power cable (yjy / YJV Series) bid section II (West China, central China, South China and Shenzhen) of a full range of commercial, office buildings, hotels, apartments, residences, venues, public buildings and other business product lines of China Resources Land Co., Ltd. and its wholly-owned, holding or non holding joint ventures with leading management rights;

2. Tenderee: China Resources Land Co., Ltd;

3. Term of cooperation: valid until June 30, 2023 (for specific project supply contracts that have been signed before the expiration of the cooperation agreement but have not been performed, the agreement will continue to be valid after the expiration until the performance is completed);

4. Bid winning amount: RMB 621173000 (including tax, subject to the accumulated contract amount signed during the cooperation period).

(II) China Southern Power Grid Project

1. Project Name: the second batch of framework bidding project for distribution network materials of China Southern Power Grid Corporation in 2021

Gold cup electric apparatus Co., Ltd

2. Bidding No.: 0002200000085585

3. Bidding unit: China Southern Power Grid Materials Co., Ltd

4. Bid winning content:

Name of material category and bid winning amount (10000 yuan)

10kV copper core XLPE insulated power cable (ant proof and flame retardant)

Guangdong 17657.58 type)

Overhead insulated conductor Yunnan 5850.39

Low voltage AC power cable (flame retardant type) Yunnan 2764.70

Total 26272.67

2、 Impact of winning the bid on the company’s performance

The total amount of this bid winning is 883899700 yuan (including tax), accounting for 11.34% of the company’s audited operating revenue in 2020. The performance of the above project contracts will have a positive impact on the company’s business performance, but will not affect the company’s business independence.

3、 Risk tips

1. The company has received the letter of acceptance from China Resources Land. This letter of acceptance is the basis for both parties to sign the strategic cooperation agreement. Within the validity period of the strategic cooperation, the procurement contract shall be signed based on the price of the strategic agreement. Therefore, the specific amount and content shall be subject to the cumulative contracts signed within the validity period.

2. Jinbei cable has received the letter of acceptance and needs to sign a written contract with the purchasing unit within 30 days. The specific contents shall be subject to the final signed contract.

3. Force majeure or other factors that may affect the formal performance of the contract after the signing of the contract. Please make prudent decisions and pay attention to preventing investment risks.

4、 Documents for future reference

1. The letter of acceptance issued by China Resources Land;

2. Letter of acceptance issued by China Southern Power Grid.

It is hereby announced.

Gold Cup Electric Apparatus Co.Ltd(002533) board of directors February 8, 2022

- Advertisment -