Inlif signs $30 million supply agreement with Heng Sheng Group
By Jon CuthbertKey points
- Inlif (NASDAQ:INLF) announced that its subsidiary Ewatt signed a three-year product procurement and supply framework with Heng Sheng Group worth a planned US$30 million.
- The agreement outlines six phases, targeting approximately US$5 million in procurement and supply activity every six months.
- Inlif expects the arrangement to expand Ewatt's distribution channels and create additional sales opportunities, although actual orders remain subject to separate agreements.
Inlif (NASDAQ:INLF) announced that its subsidiary Ewatt signed a three-year product procurement and supply framework with Heng Sheng Group targeting approximately US$30 million in planned transactions.
The agreement, executed on November 2, 2026, covers six phases with approximately US$5 million in planned procurement and supply activity every six months over the cooperation period.
The company said the agreement is expected to expand Ewatt's distribution channels and create additional sales opportunities.
The framework primarily covers Ewatt's existing products and related operations, with product categories, quantities, order values and delivery schedules to be determined by subsequent business requirements and specific purchase orders.
The agreement establishes a three-year cooperation period, with production allocation and supply arrangements to follow confirmed orders and mutually agreed terms between the parties.
Inlif expects the arrangement to support Ewatt's commercial expansion, although the US$30 million target remains preliminary and does not represent guaranteed revenue.
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