The four purchase orders, awarded by the same customer beginning with an initial US$3.0 million contract in November 2025 and followed by additional awards in May and July 2026, support the customer’s ongoing manufacturing capacity expansion. Each successive order has been placed while prior projects were actively underway, extending a working relationship that now spans multiple concurrent project sites.

Execution Update

●   Projects 1, 2, and 3 are progressing on schedule, with all three expected to be completed before year-end 2026.
●   Project 4 entered the construction phase last week, following the purchase order announced in July 2026.