Securities code: 003004 securities abbreviation: Beijing Telesound Electronics Co.Ltd(003004) Announcement No.: 2022-008 Beijing Telesound Electronics Co.Ltd(003004)
Announcement on signing daily operation contract
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.
Special tips:
1. The contract has been duly signed. The progress of the contract period is uncertain, and there is a possibility that the final income of the project may be different from the expected income due to the impact of uncertain factors such as raw material price rise and engineering change. During the performance of the contract, if force majeure or other unpredictable factors are encountered, it may lead to the risk that the contract cannot be performed normally.
2. The impact of the performance of the contract on the company’s business performance this year depends on the contract construction period progress. In general, the smooth performance of this contract will have a positive impact on the company’s future business performance.
1、 Contract signing overview
Recently, Beijing Telesound Electronics Co.Ltd(003004) (hereinafter referred to as “the company”) and Shenzhen ZTE System Integration Technology Co., Ltd. signed the video subsystem procurement contract for Beijing Rail Transit Line 3 phase I project, with a total contract amount of 73600600.00 yuan.
This contract is the daily operation contract of the company, and the company has performed the approval procedures in accordance with the internal management system and relevant rules; According to relevant laws and regulations and the articles of association, the signing of this contract does not need to be submitted to the board of directors and the general meeting of shareholders for deliberation.
2、 Counterparty introduction
1. Basic information
Name of the buyer: Shenzhen ZTE System Integration Technology Co., Ltd
Legal representative: Zhou Chengdong
Registered capital: RMB 100 million
Main business: provide intelligent rail integrated solutions covering information, signal and communication for the intelligent rail transit industry.
Registered address: 10 / F, building E1, international e city, TCL Science Park, Zhongshan Park Road, Xili street, Nanshan District, Shenzhen
2. The company has no affiliated relationship with Shenzhen ZTE System Integration Technology Co., Ltd. and the signing of this contract does not involve affiliated transactions.
3. Similar transactions between the company and the counterparty in the last three years: None
4. Performance capability analysis: Shenzhen ZTE System Integration Technology Co., Ltd., established in 2013, focuses on the intellectualization of rail transit industry and provides rail transit customers with intelligent rail comprehensive solutions covering information, signal and communication. It has good credit status and strong performance capability.
3、 Main contents of the contract
1. Contract price: ￥ 73600600.00
2. Scope of supply: goods and services of video subsystem under the integrated procurement project of Beijing Rail Transit Line 3 phase I Project
3. Contract duration: it shall be implemented according to the construction schedule issued by the owner
4. Warranty period / warranty period: 24 months
5. Payment method: 15% advance payment, 70% payment upon arrival, 12% acceptance payment and 3% quality guarantee deposit
4、 Impact of contracts on Listed Companies
1. The contract amount is 73600600.00 yuan, accounting for 23.9% of the company’s audited operating revenue in 2020. The performance of the contract will have a positive impact on the company’s future operating performance.
2. The performance of this contract will not affect the business independence of the company, and the main business of the company will not rely on the counterparty due to the performance of this contract.
5、 Risk tips
The performance progress of the contract will be carried out in strict accordance with the owner’s construction period. The performance cycle of the contract is long. In the process of performance, if force majeure or other unpredictable factors are encountered, it may lead to the risk of failure to perform the contract normally.
Please invest rationally and pay attention to investment risks.
It is hereby announced.
Beijing Telesound Electronics Co.Ltd(003004) board of directors January 12, 2022
