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MESSAGE _ENGLISH VERSION_ |
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Title:
Framework order for 10 UPD modules in the area of modern display _FPD_
technology, continuing XTPL's first industrial implementation in China
Legal basis:
Article 17_1_ MAR - confidential information.
Content of the Report:
The Management Board of XTPL S.A. ["Issuer", "Company", "XTPL"] hereby
reports that on July 23, 2026 the Company confirmed the acceptance of a
framework order for 10 Ultra-Precise Dispensing modules ["UPD modules",
"UPD"], to be used in the construction of further industrial machines
operating on the production line of the end client - one of the largest
manufacturers of Flat Panel Displays _FPD_ in China ["End Client"]. The
UPD modules will be used in yield management processes _improvement of
production yields_ for modern, ultra-high resolution Flat Panel Displays
_FPD_.
The direct ordering party remains XTPL's distributor in the Chinese
market, Yi Xin _HK_ Technology Co., Ltd ["Yi Xin", "Distributor"], which
provides XTPL S.A.'s technological solutions distribution services to
the Issuer _Current Report No. 4/2021 of April 15, 2021_. Yi Xin
cooperates with a manufacturer of advanced industrial machines
["Partner"], which integrates the UPD modules supplied by XTPL into the
final equipment deployed on the End Client's production line.
Delivery of the modules covered by the order will be carried out in
tranches. The first tranche will comprise 2 UPD modules to be delivered
to the Partner in Q3 2026, and completion of the entire order is planned
within a period of 15 to 18 months. As part of the project, the Issuer
will additionally supply consumable materials, including metallic
nanoink, cartridges and nozzles, in line with the Company's established
model of upselling of the consumables.
The order represents the next stage of the Issuer's first-ever
industrial implementation of UPD technology, initiated in January 2025,
under which the Company fulfilled an order for the first batch of 6 UPD
modules, delivered to the End Client and successfully integrated into
industrial equipment used in yield management processes _Current Report
No. 1/2025 of January 3, 2025_. The current order confirms the
continuation of this cooperation as part of a multi-year implementation
project.
Revenue from the fulfillment of the order will be recognized
progressively as successive tranches of modules are delivered. Revenue
generated from the fulfillment of the order will have a positive impact
on XTPL S.A.'s financial results, and the potential for further
cooperation may constitute a significant basis for further sales growth
in future periods.
The Issuer's Management Board considered the acceptance of the framework
order described above to be inside information, as its realization may
have a significant impact on the Issuer's future revenue position, the
strengthening of the Company's reputation as a supplier of industrial
solutions, as well as the way the Issuer is perceived by investors.
For the reasons described above, the information provided in this
current report, in the opinion of the Issuer's Management Board, meets
the criteria of inside information within the meaning of Article 7_1_
MAR.
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RB: Zamówienie ramowe na 10 modułów UPD w obszarze technologii nowoczesnych wyświetlaczy
(FPD) w ramach kontynuacji pierwszego wdrożenia przemysłowego technologii XTPL w Chinach.
