Noticias y eventos de Scage Future (SCAG)SCAGScage Future

Scage Future Enters Strategic Cooperation Agreement with China Huaye Group

Scage Future announced that its indirect wholly owned subsidiary, Guizhou Scage Tech Ltd., has entered into a strategic cooperation agreement with China Huaye Group Co., Ltd., a major Chinese engineering, construction and mining enterprise within the China Minmetals and China Metallurgical Group corporate system. The agreement, signed on September 22, 2026 in Nanchang, China, is a non-binding framework agreement with a tentative term of one year. It sets out a framework for collaboration across infrastructure construction, mining operations, renewable energy, circular economy initiatives, financial services, and technological innovation. Both parties intend to leverage their respective expertise, capital resources, and market networks to jointly explore business opportunities, develop projects, and advance sustainable industrial solutions throughout China. Specific projects will be subject to separate definitive agreements, to be entered into after each party completes its internal approval procedures.

Scage Future Updates Nasdaq Compliance Status and Commercial Progress

Scage Future provided an update on its commercial progress, technology portfolio and growth initiatives, together with a recap of its Nasdaq listing compliance status. As previously disclosed, the Company is not currently in compliance with certain Nasdaq continued listing requirements. On June 11, 2026, the Company received notice from Nasdaq regarding the minimum bid price requirement, with a compliance period through December 8, 2026. On August 27, 2026, the Company received notices regarding the Market Value of Listed Securities requirement and the Market Value of Publicly Held Shares requirement, in each case with a compliance period through February 23, 2027. The Company has also received notice regarding the composition of its audit committee, with a remediation period through December 22, 2026. The Company's American depositary shares continue to trade on The Nasdaq Global Market under the symbol "SCAG", and none of these notifications has resulted in the immediate delisting or suspension of the Company's securities. As of June 30, 2026, the Company had delivered a cumulative total of 203 vehicles since inception, comprising 154 autonomous port tractors, 47 Galaxy II plug-in hybrid trucks and 2 other vehicles. During the fiscal year ended June 30, 2026, the Company delivered 78 autonomous port tractors and 40 Galaxy II units and sold 466 vehicle energy storage systems to external customers. In the six months ended June 30, 2026, the Company received new orders for 43 vehicle units with an aggregate contract value of approximately RMB 26.86M.

Scage Future Files to Sell 35.64M Ordinary Shares

Scage Future files to sell 35.64M ordinary shares for holders