Haitian Water Group Co.,Ltd. (603759.SH) has issued an announcement stating that the recently signed strategic cooperation agreement with Tongwei Solar is merely a framework and indicative understanding based on mutual intent to collaborate. This agreement does not constitute a legally binding document with mandatory enforcement power. Specific collaboration items are subject to uncertainties, primarily reflected in the following aspects: 1. The content of the agreement represents a preliminary consensus on collaboration intentions and does not specify detailed cooperation terms, implementation pathways, execution standards, or specific timelines. Subsequent negotiations will be required for each specific collaborative matter, which will be formalized through separate, specialized agreements. There is a possibility that certain collaborative items may not reach mutual agreement or may be altered due to adjustments in either party's requirements. 2. The agreement is valid from March 23, 2026, to December 31, 2030, a relatively long period. During this time, factors such as industry development trends, adjustments in both parties' operational strategies, and resource allocation commitments may impact the progress and implementation schedule of the strategic cooperation. It is possible that the collaboration may proceed slowly, experience temporary halts, or even be terminated prematurely.
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