Euro Tech Holdings Company Reports Contract Awarded to PACT

Rhea-AI Summary

Euro Tech Holdings (Nasdaq: CLWT) said its majority-owned subsidiary Yixing PACT won a contract worth approximately US$2.1 million to provide sewage and potable water treatment systems at a uranium mining site in Mongolia for a French‑Mongolian joint venture energy company.

The project includes design, supply, fabrication and commissioning for systems with capacities of 300 tons/day (sewage) and 360 tons/day (potable water) and is expected to be completed by August 2026.

Positive

• Contract value of approximately US$2.1 million
• Project scope covers design, supply, fabrication and commissioning
• Treatment capacity of 300 t/day (sewage) and 360 t/day (potable)
• Expected completion by August 2026

Negative

• None.

Insights

Project Finance Analyst

Small but tangible contract win: a $2.1 million engineering and delivery job for water treatment, delivery by August 2026.

The contract secures design, supply, fabrication and commissioning work for sewage and potable systems sized at 300 and 360 tons per day. This creates near-term revenue visibility for PACT and by extension for majority owner Euro Tech Holdings Company Limited, with a defined completion milestone and scope.

Key dependencies include on-time execution, vendor performance, and client acceptance at a uranium mining site. Risks called out in the announcement include operating jurisdictions and supplier relationships, which could affect margins or schedule if disruptions occur.

Watch delivery progress toward the August 2026 completion date and any change orders or delay notices. Contract value and milestone recognition will matter most in the next 6–9 months for revenue and cashflow tracking.

HONG KONG, Nov. 21, 2025 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today announced that its majority-owned subsidiary, Yixing PACT Environmental Technology Company Ltd. ("PACT") has recently been awarded a contract worth approximately US$2.1 million. The project aims to provide both sewage and potable water treatment solutions at a uranium mining site for a French-Mongolian joint venture energy company in Mongolia, which has a total capacity of 300 tons and 360 tons per day for sewage and potable water treatment solutions, respectively. The contract covers design, supply, fabrication and commissioning and is expected to be completed by August 2026.

Certain statements in this news release regarding the Company's expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, or expects, or words of similar import, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the Company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, having the Company's offices and operations situated in Hong Kong and China, doing business in China, competing with Chinese manufactured products, competing with the Company's own suppliers, dependence on vendors, and lack of long term written agreements with suppliers and customers, development of new products, entering new markets, possible downturns in business conditions, increased competition, loss of significant customers, availability of qualified personnel, negotiating definitive agreements, new marketing efforts and the timely development of resources. See the "Risk Factor" discussions in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F for its fiscal year ended December 31, 2024.

View original content:https://www.prnewswire.com/news-releases/euro-tech-holdings-company-reports-contract-awarded-to-pact-302623011.html

SOURCE EURO TECH HOLDINGS COMPANY LIMITED

FAQ

What is the value of the contract Euro Tech (CLWT) awarded to Yixing PACT on November 21, 2025?

The contract is worth approximately US$2.1 million.

What scope does the CLWT contract for Yixing PACT include and when will it finish?

The contract covers design, supply, fabrication and commissioning and is expected to complete by August 2026.

What are the treatment capacities in the CLWT/Pact Mongolia project?

The project provides 300 tons/day sewage treatment and 360 tons/day potable water treatment capacity.

Which site and customer does CLWT's US$2.1M contract serve?

It serves a uranium mining site in Mongolia for a French‑Mongolian joint venture energy company.

How might the US$2.1M PACT contract affect CLWT's near-term revenue?

The company reported the contract value and expected delivery timeline; specific revenue recognition timing was not provided.

Where can investors find more information on CLWT's risks related to this contract?

Risk factors and additional disclosures are available in the company's SEC filings, including its Annual Report on Form 20‑F for fiscal year ended December 31, 2024.