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[Guoxuan High-tech: Subsidiary signs engineering contract for 1.094 billion euros] On September 28, Guoxuan High-tech (002074.SZ) announced that the company's wholly-owned subsidiary GotionSpain plans to sign the "Phase I Dry Room General Contracting Contract" and "Phase II Project General Contracting Contract" for the "Annual Production 29.1GWh Lithium Battery Project" with PowerCoSpain, a subsidiary of the Volkswagen Group, with a total contract value of 1.094 billion euros. This transaction constitutes a related transaction and needs to be submitted to the shareholders' meeting for review.
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