Ge Long Hui·2025-09-26 14:51Core Viewpoint - Xiehe New Energy (00182.HK) announced supply agreements for photovoltaic components worth approximately $117.95 million, with the option to purchase without obligation, aimed at solar projects in the U.S. [1] Group 1: Supply Agreements - The company’s wholly-owned subsidiary, Red River Clean Energy, LLC, entered into two supply agreements on May 9 and May 12, 2025 [1] - The agreements grant the buyer the right to issue purchase orders for photovoltaic components totaling approximately $117.95 million [1] - The acquisition of the purchase rights does not require any payment, and once exercised, it will be legally binding for both parties [1] Group 2: Photovoltaic Components - The photovoltaic components are intended for the company's solar energy systems in the U.S. and include (i) approximately 210 megawatts of Component A and (ii) approximately 235 megawatts of Component B [1] - The supplier is primarily engaged in the manufacturing and development of solar technology products and is a Delaware-based company [1] - The supplier is wholly owned by LONGi Green Energy Technology Co., Ltd., which is listed on the Shanghai Stock Exchange [1]