Jul 28, 2021 06:23 PM (GMT+8) · EqualOcean
Kaile technology announced that up to now, the prepayment of the company's private network communication business is RMB 6.227 billion. In addition to the overdue supply contracts disclosed in the previous announcement of RMB 1.151 billion, the company's self inspection shows that the overdue supply contracts of new suppliers are RMB 2.305 billion, and the relevant funds are at risk of loss. On the whole, the company's private network business is abnormal, the delivery of upstream suppliers has been less than expected, the short-term delivery of downstream suppliers has been hindered, and the inventory may not be fully realized. The production and operation of the company's optical fiber cable and communication silicon tube industry is stable.