Ningbo Sanxing Medical Electric (601567.SH) subsidiary wins pre-bidding for a 3.14 billion yuan purchase project of the Southern Power Grid.

Ningbo Sanxing Medical Electric (601567.SH) announced that its subsidiary, Ningbo Aoxi Intelligent Technology Co., Ltd. (referred to as "Aoxi Intelligent Technology"), was recommended as the winning candidate in the second batch of 2024 distribution network equipment framework bidding project of the Southern Power Grid Company, with an estimated winning amount of approximately 314 million yuan. Following the successful bid of the project, the fulfillment of the contract is expected to have a positive impact on the company's operations and performance, while not affecting its operational independence.