PIESAT(SH:688066) Ge Long Hui A P P·2025-09-05 10:59Core Viewpoint - The company has clarified recent media reports regarding its overseas business, specifically a strategic cooperation agreement with Pakistan for an internet satellite project valued at 2.9 billion RMB, emphasizing that this agreement is preliminary and subject to formal contract signing [1] Group 1: Strategic Cooperation Agreement - On September 4, 2025, the company signed a strategic cooperation agreement with Pakistan for an internet satellite project worth 2.9 billion RMB [1] - The agreement is only an initial intention of cooperation, and specific procurement contracts have yet to be signed, with implementation details dependent on formal contracts [1] - The company indicates that this matter will not have a significant short-term impact on its performance [1] Group 2: Risk Factors - The company acknowledges potential risks that could affect the execution of the contract, including significant changes in the external macro environment, changes in national policies, shifts in customer demand, and other unforeseen or force majeure factors [1] - The delivery location for the project is specified as a country in Africa, and the company reiterates that there will be no substantial short-term impact on its performance [1] - The company commits to timely information disclosure based on the progress of the cooperation [1]