Chengdu SIWI Science and Technology Company Limited (1202) announced that its non-wholly owned subsidiary, SEI Optical, and the 8th Research Institute have entered into the 2026 8th Research Institute Supply Framework Agreement. Under this agreement, SEI Optical will supply optical fibre products to the 8th Research Institute Group from January 1, 2026, through December 31, 2026.

According to the announcement, the historical transaction amounts for these arrangements were RMB 4,777,202.80 in 2023, RMB 713,944 in 2024, and RMB 3,307.50 for the ten months ended October 31, 2025 (all figures tax-included). The existing annual cap for 2025 is RMB 6,000,000, and the proposed annual cap for the new 2026 agreement is RMB 5,000,000. The company projects the optical fibre market to recover steadily, expecting more sustainable pricing and demand amid less intense competition.

As the 8th Research Institute is an associate of China Electronics Technology, the indirect controlling shareholder of Chengdu SIWI, the transaction constitutes a continuing connected transaction under Chapter 14A of the Listing Rules. Since at least one of the applicable percentage ratios exceeds 0.1% but is below 5%, the arrangement is subject to reporting, annual review, and announcement requirements but exempt from independent shareholders’ approval.