CR Bldg Mat Tec (01313): Runfeng New Materials and Runcai E-commerce Further Enter into Four Artificial Stone Supply Contracts

Stock News02-03 22:08

CR Bldg Mat Tec (01313) announced, further to the company's announcement dated January 30, 2026, regarding Runfeng New Materials entering into five artificial stone supply contracts with Runcai E-commerce for the supply of artificial stone and related processing services, Runfeng New Materials and Runcai E-commerce further entered into four artificial stone supply contracts on February 3, 2026. The proposed annual aggregate cap for each of the years ending December 31, 2026, and December 31, 2027, remains unchanged at RMB 50 million per year (excluding tax), which is the sum of the proposed annual caps for all projects (including potential projects): the annual cap for transactions under the two batches of artificial stone supply contracts is the estimated annual consideration receivable (excluding VAT); and the reserved limit for potential artificial stone supply contracts that may be entered into within the year is determined based on the expected sales volume of artificial stone supply, anticipated to be priced using the sales unit price negotiated at arm's length by the contracting parties and the relevant processing fees.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment