EFORT: Its Wholly-Owned Subsidiary's Subsidiary (Grandchild Company) Wins Major Order for Daily Operations
2 week ago / Read about 0 minute
Author:小编   

EFORT (Stock Code: 688165.SH) has revealed that its wholly-owned subsidiary's subsidiary, Autorobot, has successfully clinched a procurement contract for the establishment of an automotive production line. The contract is valued at around RMB 250 million. This particular order is a part of the company's routine operational activities and is anticipated to exert a positive, albeit non-substantial, influence on its financial performance from 2026 to 2029. However, it's important to note that there are inherent risks associated with the execution of this order, including the possibility of modifications, suspensions, or even cancellations. Moreover, given the extended implementation timeline and the international nature of the delivery, the order could be susceptible to various profit-impacting risks. These include escalating costs of raw materials and labor, as well as fluctuations in tariff policies.