Whirlpool (China) (SH:600983) Ge Long Hui A P P·2025-12-18 08:10Core Viewpoint - The company plans to sign a supplementary agreement with Whirlpool Corporation regarding the procurement of components, which aims to enhance operational efficiency and competitiveness [1][2]. Group 1: Agreement Details - The supplementary agreement applies to the procurement of components and parts, with initial pricing for new components to be determined through mutual negotiation [1]. - A minimum cost reduction ratio will be established for all purchase orders (PO) of components, with specific implementation timelines based on production start dates [1]. - Existing components already on sale will not be subject to the cost reduction terms of the agreement and will be negotiated separately [1]. Group 2: Agreement Duration and Validity - The effective period of the supplementary agreement is from January 1, 2026, to December 10, 2029 [2]. - All other terms of the global supply agreement remain fully effective unless otherwise specified in the supplementary agreement, with precedence given to the latter in case of conflicts [2]. Group 3: Strategic Implications - The signing of the supplementary agreement is a further commitment to the commercial agreement following the tender offer, aligning with the company's operational needs and business development [2]. - This agreement is expected to enhance the company's overall competitiveness and promote long-term stable development [2].