On September 9, Chengdu Huami Electronics Technology Co., Ltd. (with the stock code: 688709, hereinafter referred to as 'Chengdu Huami') released a supplementary announcement, revealing that it had officially signed a 'Procurement Framework Agreement' with a prominent domestic state-owned equipment enterprise, identified as Customer X. As per the terms of the agreement, Chengdu Huami is set to supply HWD9213, HWD08B64, along with other high-speed, high-precision A/D converters to Customer X in multiple batches. The total contract value, inclusive of taxes, amounts to RMB 105 million. This deal is anticipated to constitute 31.91% of the company's projected analog chip sales revenue for the year 2024.
