Shanghai Zhezhong Group's subsidiary signed a supply contract worth 85.29 million yuan.

Shanghai Zhezhong Group (002346.SZ) announced that its wholly-owned subsidiary, Shanghai Zhezhong Electric Co., Ltd. (referred to as "Zhezhong Electric"), recently signed a "Material Purchase and Supply Contract" with a supply chain management company in Shenzhen for the purchase of low-voltage cabinets for the UnionPay Huangshan Park Phase I construction project data center professional contracting project (matching electromechanical installation project). Zhezhong Electric sold low-voltage switchgear equipment to them, with a total contract amount of 85.2952 million yuan (including tax).