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ST MINGJIAHUI (300506.SZ): Subsidiary signs contract worth 105.69 million yuan
Gelonghui, May 11th丨ST Mingjia Hui (300506.SZ) announced that its wholly-owned subsidiary, Lu'an Mingjia Hui Optoelectronic Technology Co., Ltd., signed a Framework Intention Contract for LED Lighting Procurement with Anhui Jingshengda Bio-Electronic Technology Co., Ltd. The contract is valued at RMB 105.69 million, accounting for 58.78% of the company’s audited operating revenue for the fiscal year 2025. If the contract is successfully implemented, it is expected to have a positive impact on the listed company's financial performance, enhancing its sustainable profitability and core competitiveness. The execution of this contract will not affect the independence of the company’s operations.
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ST Mingjiahui: 2025 Annual Report
ST Mingjiahui's revenue reached 1.80 billion yuan in 2025, increasing by 53.83% year-on-year, while its non-recurring net loss widened to 1.80 billion yuan.
The core business continues to incur losses, with the non-recurring net profit widening to -1.80 billion yuan.