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Shuangliang Energy Saving: The company indirectly participates in related commercial space projects and has not directly collaborated with SpaceX.
Shuangliang Energy Saving issued an announcement that the company signed three overseas orders on October 25, 2025, and January 9, 2026, with a total amount of approximately 1.7 million euros, equivalent to about 13.923 million RMB, accounting for 0.11% of the company’s audited operating revenue for 2024. These orders have no significant impact on the company’s operating performance. The orders are for high-efficiency heat exchangers used in the fuel production system supporting the expansion of SpaceX’s Starship launch site. The company supplies heat exchangers for fuel projects of international industrial gas companies, indirectly participating in related commercial space projects, but has not directly cooperated with SpaceX.