MAIXINLIN(SH:688685) Shang Hai Zheng Quan Bao·2025-06-09 20:56Core Viewpoint - Jiangsu Maxinlin Aviation Technology Co., Ltd. has signed important operational contracts with its subsidiaries, which are expected to positively impact the company's performance in 2025 and beyond [2][25]. Group 1: Contract Details - The total amount of the contracts signed is RMB 11.84 billion [4][6]. - The contracts have a service period of five years, starting from the first delivery of computing power services [2][10]. - The contracts involve the provision of high-performance server clusters for simulation model inference based on openCL [5][15]. Group 2: Financial Impact - The revenue from these contracts will be recognized using the total amount method, with monthly revenue recognition over the five-year service period [2][25]. - The successful execution of these contracts is anticipated to have a positive impact on the company's performance in 2025 [2][25]. Group 3: Counterparty Information - The contracts are signed with Beijing Urban Construction Intelligent Control Technology Co., Ltd. and Beijing Jingyi Atmospheric Environmental Technology Co., Ltd. [4][15]. - There are no related party transactions between the company and the counterparties [9][17]. Group 4: Payment Terms and Conditions - Payments for the contracts will be made in advance every six months [11][22]. - The contracts include clauses for force majeure and breach of contract, detailing the responsibilities of each party in such events [11][22][24].