Centec Communications: Signs Ethernet Switch Chip Sales Contract Worth Over 100 Million Yuan
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Author:小编   

On August 16th, Centec Communications announced that it had signed a product sales contract with its related party, Shenzhen CECport Technology Co., Ltd. The contract amount exceeds 50% of the company's audited revenue for the most recent fiscal year and surpasses 100 million yuan, with the contract subject being Ethernet switch chips. This is a long-term contract with a performance period exceeding one year, and the revenue will be recognized in installments rather than all at once in 2026, thus having a limited impact on the company's operating performance in 2026. If successfully fulfilled, it is expected to have a positive impact on the relevant annual performance during the contract performance period.

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