December 14, Otway issued the announcement on the signing of important contracts for daily operation by holding subsidiaries.
(hereinafter referred to as "Xurui Technology") recently signed the "Purchase Contract" with the leading photovoltaic enterprise, and Xurui Technology sold about 230 million yuan (including tax) of intelligent transmission system and battery terminal equipment to the enterprise.
The announcement shows that the subject matter of the contract is intelligent transmission system and battery terminal equipment, which will be delivered in December 2023. As the average acceptance period of Xurui Technology products is 6-9 months, affected by the specific delivery batch and acceptance time of the contract, the impact of contract performance on the performance in 2023 is uncertain, which will have a positive impact on the company's operating results in 2024.
It is reported that Wuxi Otway Technology Co., Ltd. has devoted itself to research and development based on the needs of the photovoltaic industry , and has successively launched series welding machines, film laminators, laser scribers, silicon wafer sorters and light injection annealing furnaces. While improving productivity for industry customers, it also meets the requirements of lean production and the layout of intelligent factories. Since
2016, Ottway has been exploring the automation field of lithium battery industry, independently developing lithium battery modules, PACK intelligent production line and lithium battery appearance sorting equipment. By the end of 2019, Otway has provided equipment, services and solutions for nearly 400 photovoltaic production bases in 29 countries and regions around the world.