Shuangliang Eco-Energy Systems Co.,Ltd. (600481.SH) has issued an announcement to clarify its involvement in a commercial space project. On February 12, 2026, the company posted a market update on its official WeChat account titled "Shuangliang Eco-Energy Secures Another Overseas Order, Aiding Commercial Space Exploration." The post stated that the company recently secured three overseas orders for a total of 12 high-efficiency heat exchangers. These units are intended for the fuel production system supporting the expansion of the SpaceX Starship launch base. The post noted this was a follow-up order, demonstrating the overseas client's high trust in the reliability of Shuangliang's products.

To ensure investors accurately understand the related business situation, the company provided the following supplementary details and risk warnings. The three orders were signed on October 25, 2025, and January 9, 2026, respectively. The supply involves high-efficiency heat exchangers with a total contract value of approximately 1.70 million euros. Based on an exchange rate of 1 euro to approximately 8.19 renminbi, the total order value is about 13.923 million renminbi. This amount represents approximately 0.11% of the company's audited operating revenue for 2024 and is not expected to have a material impact on its operating performance.

The company's current main business products include energy-saving and water-saving products, new energy equipment, and photovoltaic products. Their primary downstream application areas are new energy power generation, steel, coal chemical, and thermal power industries. Commercial space is not a main application field for the company's products. These specific orders represent an indirect participation in a related commercial space project by supplying heat exchangers for a fuel project of an international industrial gas company. The company is not a direct partner of SpaceX and serves as a non-exclusive, indirect supplier for the project. The acquisition of such orders is significantly influenced by the construction and capacity expansion plans of commercial space projects, and there is uncertainty regarding securing future orders.