Securities code: 688516 securities abbreviation: Wuxi Autowell Technology Co.Ltd(688516) Announcement No.: 2022-007 Wuxi Autowell Technology Co.Ltd(688516)
Voluntary disclosure of announcement on project winning
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law. Important content tips:
1. Bid winning project and amount: Qujing Jingao Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., and Hefei Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., a holding subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., for the bidding project of silicon wafer sorter and multi main grid scribe welding conjoined machine, the bid winning amount is about 110 million yuan (the specific amount shall be subject to the officially signed contract).
2. Conditions for the effectiveness of the proposed contract: it will take effect after the legal representatives or authorized persons of both parties sign and affix the contract seals of both parties.
3. Term of validity of the proposed contract: from the effective date of the contract to the date when the responsibilities and obligations of both parties agreed in the contract are fulfilled.
4. Risk warning: Wuxi Autowell Technology Co.Ltd(688516) (hereinafter referred to as “the company”) has obtained the letter of acceptance for the project of “Qujing Jingao Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., and Hefei Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., a holding subsidiary of Hefei Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., silicon wafer sorter and multi main grid scribe welding conjoined machine”, and has not signed a formal contract with the tenderee, There are still uncertainties in contract signing and contract terms. According to the company’s revenue recognition policy, the company will recognize revenue after equipment acceptance, and the winning project will have a positive impact on the performance in 2022. Please make careful decisions and pay attention to preventing investment risks. 1、 Relevant information of the winning project:
1. Basic information of the project
Project Name: the bidding project of Qujing Jingao Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., and the silicon wafer sorter and multi main grid scribe welding conjoined machine of Hefei Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., a holding subsidiary
Total bid winning amount: about 110 million yuan (including tax)
Winning bidder: Wuxi Autowell Technology Co.Ltd(688516)
Project Overview: the procurement project of Qujing Jingao Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., and the silicon wafer sorter and multi main grid scribe welding conjoined machine of Hefei Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., a holding subsidiary
2. Information of the other party
Company name: Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd
Legal representative: Jin Baofang
Registered capital: 1599074664 yuan
Registered address: No. 123, Xinxing Road, Ningjin County, Hebei Province
Business scope of the company: production and processing of monocrystalline silicon rod and monocrystalline silicon wafer; Production of Cecep Solar Energy Co.Ltd(000591) batteries and components; Research and develop Cecep Solar Energy Co.Ltd(000591) series products; Sell Cecep Solar Energy Co.Ltd(000591) batteries, components and related products and raw materials; Cecep Solar Energy Co.Ltd(000591) photovoltaic grid connected power generation and electricity sales; Cecep Solar Energy Co.Ltd(000591) development, construction, operation, management and maintenance of photovoltaic power station; Import and export of goods and technology; Engage in technology development and technology transfer in the field of Cecep Solar Energy Co.Ltd(000591) batteries; Plant leasing; Site leasing; Lease of electrical equipment (if administrative license is involved, it shall be operated with license) * * (for projects subject to approval according to law, business activities can be carried out only with the approval of relevant departments) 3 Effective conditions of the proposed contract: the project will take effect after Qujing Jingao Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., and Hefei Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., a holding subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., respectively sign with Wuxi Autowell Technology Co.Ltd(688516) , and the legal representatives or authorized persons of both parties sign and affix the contract seals of both parties
4. Term of validity of the proposed contract: from the effective date of the contract to the date when the responsibilities and obligations of both parties agreed in the contract are fulfilled. II. Impact of winning the bid on the company
The total bid winning amount is about 110 million yuan (including tax). As the average acceptance period of the equipment is about 6-9 months, affected by the specific delivery time and acceptance time of the project, the winning project will have a positive impact on the performance in 2022.
There is no relationship between the company and the counterparty, and the winning of the above projects will not affect the business independence of the company. 3、 Risk tips
1. The company has obtained the letter of acceptance for the bidding project of wafer sorter and multi main grid scribe welding conjoined machine of Qujing Jingao Photovoltaic Technology Co., Ltd., a wholly-owned subsidiary of Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., and Hefei Jingao Cecep Solar Energy Co.Ltd(000591) Technology Co., Ltd., a holding subsidiary, but has not signed a formal contract with the tenderee, and the contract signing and contract terms are still uncertain;
2. According to the company’s revenue recognition policy, the company will recognize the revenue after the acceptance of the production line, and the winning project will have a positive impact on the performance in 2022.
4、 Other
The bid winning projects disclosed by the company are only projects with a bid winning amount of more than 80 million yuan (including this number).
Please make careful decisions and pay attention to preventing investment risks.
It is hereby announced.
Wuxi Autowell Technology Co.Ltd(688516) board of directors February 16, 2022
