Sinofibers Technology (300777.SZ) signs a significant sales contract worth 563 million yuan.

Sinofibers Technology (300777.SZ) issued an announcement that recently, the company signed a "Material Purchase Contract" with customer A, with a total contract amount of 563 million yuan. The contract includes carbon fibers and carbon fiber fabrics. The total amount of this contract with customer A accounts for 69.34% of the company's main business income audited in the most recent fiscal year. The company has the business qualifications, technical strength, and production capacity necessary to fulfill the contract. The signing of the contract reflects the high recognition of the customer for the quality stability, timely supply, and service support capability of the company's new generation of carbon fiber products. It is a concrete practice of applying new quality productivity to key areas in a stable and batch manner. The company will take this contract signing as an opportunity to accelerate the improvement of the diversification and layout of carbon fiber and related products, and promote the application of more products in different fields. As the contract is implemented, it will not only help consolidate the company's advantages in existing application scenarios but also provide important support for the company to expand into a wider range of application scenarios and enter emerging markets.