Core Viewpoint - Aixi Solar (600732) announced a supplementary equipment procurement agreement worth 89.21 million yuan with its affiliate Zhuhai Maikesi Automation Systems Co., Ltd, aimed at upgrading the hardware and process functions of undelivered wet process equipment [1] Group 1: Equipment Procurement Agreement - The supplementary agreement is an upgrade to the original equipment procurement contract signed in April 2024, which had a total amount of 214 million yuan and involved 74 sets of photovoltaic wet process production equipment [1] - As of now, 16 sets of equipment have been delivered, corresponding to an amount of 46.43 million yuan [1] - The upgrade will result in the delivery of 30 slot cleaning machines and 13 horizontal etching machines [1] Group 2: Market and Technology Context - The equipment upgrade is a prudent decision based on changes in the photovoltaic market and the need for technological iteration to maintain product market competitiveness [1] - Zhuhai Maikesi, as a long-term partner, possesses leading technological advantages and reliable delivery capabilities in the photovoltaic wet process equipment sector [1] - The upgrade will utilize the company's self-developed technology, enhancing the conversion efficiency of battery products and making their performance more competitive in the market [1] Group 3: Company Performance - Aixi Solar is a global leader in the new energy high-tech sector, focusing on the research, development, manufacturing, and overall solutions of core photovoltaic power generation products [1] - In the first half of 2025, the company achieved an operating revenue of 8.446 billion yuan, representing a year-on-year growth of 63.63% [1]

Core Viewpoint - Aixi Co., Ltd. (爱旭股份) announced a supplementary equipment procurement agreement worth 89.21 million yuan with its affiliate Zhuhai Maikos Automation Systems Co., Ltd. to upgrade wet process equipment, reflecting the company's response to market changes and technological advancements [2]. Group 1: Equipment Procurement Agreement - The supplementary agreement is an upgrade to the original equipment procurement contract signed in April 2024, which had a total amount of 214 million yuan and involved 74 sets of photovoltaic wet process production equipment [2]. - As of now, 16 sets of equipment have been delivered, corresponding to an amount of 46.43 million yuan [2]. - The upgrade will result in the delivery of 30 slot cleaning machines and 13 horizontal etching machines [2]. Group 2: Market Position and Technology - The equipment upgrade is a cautious decision made to maintain product competitiveness in response to changes in the photovoltaic market and technological iterations [2]. - Zhuhai Maikos is a long-term partner of the company and possesses leading technological advantages and reliable delivery capabilities in the photovoltaic wet process equipment sector [2]. - The upgrade will utilize the company's self-developed technology, enhancing the conversion efficiency of battery products and improving market competitiveness [2]. Group 3: Financial Performance - In the first half of 2025, the company achieved an operating revenue of 8.446 billion yuan, representing a year-on-year growth of 63.63% [2].