Csg Smart Science & Technology (300222.SZ) signs a framework contract with Huaxi Energy for the purchase of equipment worth approximately 130 million US dollars.

Csg Smart Science & Technology (300222.SZ) announced that as a supplier, the company signed a "Equipment Procurement Framework Contract" with the purchaser, Huaxi Energy Industry Co., Ltd. ("Huaxi Energy"), on June 2, 2026. The company plans to collaborate with Huaxi Energy for the long-term implementation of the Al-Daura Thermal Power Plant 4160MW fuel-based power generation reconstruction project in Baghdad, Iraq (referred to as the "Iraq Project"). The estimated total price of the "Equipment Procurement Framework Contract" is approximately 130 million USD. After the signing of this "Equipment Procurement Framework Contract," both parties will fully utilize their resources and advantages to carry out long-term cooperation in the construction of the Iraq Project, which will benefit the company's overseas expansion in the digital energy business. It aligns with the company's development strategy, and the successful implementation of the project will help improve the company's future performance levels, in the interest of the company and all shareholders. As the project has not been formally implemented yet, the financial impact for this year and the future remains uncertain.