On July 26th, GeLongHui announced that HuaKang Medical (301235.SZ) recently signed a "Termination Agreement" with the Yueyang Central Hospital regarding the government procurement contract for the special medical purification project of the inpatient department and the outpatient medical technology comprehensive building (Outpatient Medical Technology Building-Fifth Floor Surgery Center, ICU, and Neurological Intensive Care Unit) of the Yueyang Central Hospital.
After the original contract was signed, due to many objective factors, the project construction was delayed and has not been carried out. After friendly consultation between the two parties, the company signed a "Termination Agreement" with the Yueyang Central Hospital, agreeing to terminate the original contract on July 25, 2024.
As of the date of this announcement, the company has carried out preliminary preparatory work for the project and invested a cost of 1.1742 million yuan in labor, materials, and other aspects. The termination of this contract will not have any impact on the company's business and operation independence. This contract has not yet been confirmed as revenue and will not have any adverse effects on the company's financial and operating conditions. There is no situation that harms the interests of the company and all shareholders. The company will continue to do a good job of business management and risk prevention and control, and strive to promote the stable development of the company's business.