Shenwu Energy Saving's subsidiary, Jiangsu Institute, has successfully inked a general contracting agreement with Zhongqing Shihe subsidiary for a smart manufacturing project focusing on high-efficiency batteries, valued at an impressive 1.003 billion yuan. This landmark deal is anticipated to bring about a favorable influence on the company's operational performance. Nonetheless, it is crucial to note that there exists a potential risk of the contract not being fulfilled as per the scheduled timeline.