Wintao Communications Co.,Ltd. (ASX: 301139) has issued an announcement regarding a significant business development.

The company states that it recently failed to reach an agreement with telecom operator China Mobile and communications infrastructure operator China Tower on the continuation of key operational contracts.

Consequently, these significant business agreements have been terminated.

Given the cessation of these crucial contracts, the company anticipates a substantial impact on its operating performance for the year 2026.