EZGO Enters into an RMB13 Million Procurement Agreement for Sale of Security Patrol Robots and Platform
CHANGZHOU, China, April 12, 2024 /PRNewswire/ — EZGO Technologies Ltd. (Nasdaq: EZGO) (“EZGO” or “we,” “our,” or the “Company”), a leading short-distance transportation solutions provider in China, today announced that it entered into a procurement agreement (the “Procurement Agreement”) with Hangzhou Huiyu Zhichuang Industrial Co., Ltd. (“Huiyu Zhichuang”), a subsidiary of Huiyu Holdings Group (“Huiyu Group”), which is a China-based company primarily engaged in real estate development business and ranked one of the top 500 civilian-run enterprises in China, for the sale of twelve security patrol robots (the “Robots”) and one intelligent patrol platform (together with the Robots, the “Products”) for an aggregate sales price of RMB 13.46 million (approximately US$1.84 million). The entry of the Procurement Agreement demonstrates market recognition of the Company’s strong R&D and manufacturing capabilities.