On February 18, Robotco issued an announcement saying that on February 17, 2023, Anhui JinkoSolar Co., LTD., JinkoSolar (Chuxiong) Co., LTD., JinkoSolar (Haining), a holding subsidiary of Robotec Intelligent Technology Co., LTD. (hereinafter referred to as “Robotec”, the “Company”) and the same counterparty JinkoSolar Co., LTD. (hereinafter referred to as “JinkoSolar”) LTD., JinkoSolar (Shangrao) Co., LTD., JINKO SOLARTECHNOLOGY SDN. BHD, JINKO SOLAR (MALAYSIA) SDN. BHD The cumulative amount of daily operating contracts signed by Jinko Group in 12 consecutive months is about 122 million yuan (including tax), accounting for about 21.73% of the company’s operating income from January to September 2022.

It is understood that the object of the contract is the sale and transformation of industrial automation equipment.

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Robotec said that the cumulative amount of sales contracts signed between the company and the above counterparties within 12 consecutive months is approximately 122 million yuan (including tax), which is expected to have a positive impact on the company’s operating results in the current and future years. The Company will recognize revenue in the corresponding accounting period in accordance with the contractual requirements and revenue recognition principles (ultimately based on the data audited by the accounting firm).

However, in the risk warning, Robotko also bluntly stated that the company and the above counterparties in the process of contract performance, such as policy, market environment and other unpredictable or force majeure factors, may lead to the contract can not be performed as scheduled or fully.

Data show that Robotec is a high-tech enterprise developing high-end automation equipment and intelligent manufacturing execution system software (MES) based on industrial Internet technology. It has a complete R & D, design, assembly, testing, sales and service system, providing flexible, intelligent and efficient high-end automation equipment and manufacturing MES execution system software for photovoltaic cells, electronics and semiconductors, automotive precision parts, food and drugs and other fields.