Ningbo Sanxing Medical Electric's subsidiary won a bid for a equipment procurement project worth about 1.15 billion yuan.

Ningbo Sanxing Medical Electric (601567.SH) announced that its wholly-owned subsidiary Ningbo Aokes Intelligent Technology Co., Ltd. (referred to as "Aokes Intelligent Technology") has recently received a winning notification in the public bidding for the procurement of 35kV box-type transformers and associated equipment frames for the "China Longyuan Power Group Corporation 2025-2026 New Energy Project". Aokes Intelligent Technology has been awarded the project with a total amount of approximately 115 million yuan. The total amount of this winning bid for Aokes Intelligent Technology is about 115 million yuan, accounting for 1.01% of the total operating income audited in 2023. The fulfillment of the contract will have a positive impact on the operational work and performance of Aokes Intelligent Technology, but it will not affect the independence of the company's business operations.