Elong Power Holding Ltd.
For the period ended Jun 30, 2026. Filed Oct 6, 2026.
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Jun 30, 2026 · Filed Oct 6, 2026
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Contents
EX-99.1 · Recent Developments
Recent Developments
Energy Storage Equipment Sales Agreement
On May 18, 2024, a subsidiary of Elong entered into an energy storage equipment sales agreement, which became effective on May 30, 2024, with Nengjian Henan Urban Construction Engineering Co. The contract amount is RMB480,000,000 (USD 67.6 million) including tax. The project was originally expected to be delivered in 2025 but was postponed due to the customer’s pending government approvals. As of June 30, 2026, based on ongoing coordination with the customer, delivery is now expected to commence in May 2027. The Company will continue to monitor the progress of the government approval process to ensure smooth execution of the project.
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