Securities code: 002829 securities abbreviation: Beijing Starneto Technology Co.Ltd(002829) Announcement No.: 2021-103
Beijing Starneto Technology Co.Ltd(002829)
Announcement on signing major contracts
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions.
Beijing Starneto Technology Co.Ltd(002829) (hereinafter referred to as ” Beijing Starneto Technology Co.Ltd(002829) ” or “the company”) recently received five product order contracts signed with customers, with a total amount of about 154.57 million yuan. The details are as follows:
1、 Counterparty
1. As part of the contract involves state secrets, the company is exempted from disclosing the specific information of the sales object in accordance with the relevant provisions on external information disclosure of military enterprises.
2. There is no relationship between the company and the customer.
3. Customers have good credit, and the funds are generally special funds, with the ability to perform the contract.
2、 Main content
1. A customer (Unified):
(1) Contract object: a military UAV;
(2) Contract amount: about 40.92 million yuan;
(3) Conditions for effectiveness of the contract: the contract shall come into force after being signed and sealed;
(4) Others: the contract terms have made clear provisions on quality requirements and technical standards, delivery time and mode, transportation mode, cost burden, packaging standard requirements and cost burden, inspection standard, settlement method, warranty period, technical training and after-sales service, liability for breach of contract, contract dispute resolution method, etc.
2. Customer II (contract II, contract III and contract IV):
(1) Contract object: a certain type of military training product;
(2) Contract amount:
Contract II amount: about 22.64 million yuan;
Contract III amount: about 11.32 million yuan;
Contract IV amount: about 54.99 million yuan;
(3) Conditions for effectiveness of the contract: the contract shall come into force after being signed and sealed;
(4) Others: the contract terms have made clear provisions on quality requirements and technical standards, delivery time and mode, transportation mode, cost burden, packaging standard requirements and cost burden, inspection standard, settlement method, warranty period, technical training and after-sales service, liability for breach of contract, contract dispute resolution method, etc.
3. Customer III (contract V):
(1) Contract object: a certain type of military training product;
(2) Contract amount: About 24.7 million yuan;
(3) Conditions for effectiveness of the contract: the contract shall come into force after being signed and sealed;
(4) Others: the contract terms have made clear provisions on quality requirements and technical standards, delivery time and mode, transportation mode, cost burden, packaging standard requirements and cost burden, inspection standard, settlement method, warranty period, technical training and after-sales service, liability for breach of contract, contract dispute resolution method, etc.
3、 Impact on Listed Companies
The company signed a certain military UAV and a certain military training product with customers, with the amount of about 40.92 million yuan and 113.65 million yuan respectively, accounting for 5.97% and 16.58% of the company’s total audited operating revenue in 2020. The performance of relevant contracts will have a positive impact on the company’s operating revenue and operating profit. The company will recognize revenue in the corresponding accounting period according to the contract requirements and revenue recognition principles.
The company always adheres to the strategy of “taking inertial technology as the center and leading the development of intelligent unmanned equipment”, deeply cultivates trial training and aims at equipment, and has made excellent achievements in many project bidding.
There is no relationship between the company and the trading partner, and the performance of this contract will not affect the business independence of the company.
4、 Risk tips
During the execution of the contract, the company basically has no uncertainty and risk in terms of laws and policies, performance capacity, technology, production capacity, etc. The company will quickly respond to military needs and complete product delivery with quality and quantity guaranteed. Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Beijing Starneto Technology Co.Ltd(002829) board of directors December 31, 2021
