Niutech(SH:688309) Xin Lang Cai Jing·2025-08-20 10:24Core Viewpoint - The company has signed a sales contract worth $27.58 million (approximately 198 million RMB, including tax) with a client in the UK, which is expected to positively impact its performance in 2025-2026 and strengthen its position in the waste plastic pyrolysis technology market in Europe and the US [1]. Group 1 - The contract is a routine operational sales contract and has undergone internal approval procedures, thus does not require board or shareholder meeting approval [1]. - The contract involves the sale of an industrial continuous waste plastic pyrolysis production line with a processing capacity of 60,000 tons per year [1]. - The contract will take effect once the company confirms receipt of the first payment from the client, and the execution period will last until all responsibilities and obligations are fulfilled [1]. Group 2 - The fulfillment of this contract is expected to enhance the company's status in the European and American markets for waste plastic pyrolysis technology output and equipment sales [1]. - This development will further consolidate the company's leading position in the pyrolysis technology equipment market [1].