Sunrise Technology Signs RMB 120 Million Framework Agreement for New Energy Battery Swap Station Construction
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Author:小编   

Sunrise Technology announced on November 12 that it has entered into a Battery Swap Station Construction Framework Cooperation Agreement with Beijing Xinyuan Yicheng. The agreement is valid for three years, with the first batch of battery swap station construction valued at approximately RMB 120 million. As a framework arrangement rather than a specific construction contract, the agreement carries significant uncertainty regarding the actual construction scale and revenue recognition. The company noted that its smart battery swap business remains in its early stages and is not expected to have a material impact on this year's financial performance.