Our Company's U.S.-based subsidiary, CW Energy USA, Inc., has signed a Letter of Intent (LOI) with a customer based in the United States regarding the sale of photovoltaic solar panels.
The total business volume contemplated under the Letter of Intent is approximately USD 48,045,195.00 (Forty-Eight Million Forty-Five Thousand One Hundred Ninety-Five U.S. Dollars), and the shipment is planned to be completed by December 4, 2026.
The signing of the definitive agreement and any material developments regarding the process will be separately disclosed to the public.
Respectfully announced to the public and our investors.
The English translation of this disclosure has been released to the public simultaneously. In the event of any discrepancy between the Turkish and English versions, the Turkish version shall prevail.