Ningbo Sanxing Medical Electric (601567.SH) subsidiary signs a 160 million yuan overseas contract.

Ningbo Sanxing Medical Electric (601567.SH) announced that its wholly-owned subsidiary, PTCITRASANXING INDONESIA (referred to as "Indonesian Sanxing"), has signed a contract for the annual tender project for electric meters in Indonesia. The total contract amount is 3751.66 billion Indonesian rupiah, equivalent to approximately 160 million RMB. The contract amount is approximately 160 million RMB, accounting for 1.10% of the company's audited operating income for the year 2024. The fulfillment of the contract will have a positive impact on the company's operations and financial performance, but will not affect the company's business or operational independence. The signing of this contract is the result of the company's active exploration of overseas markets and deepening of its localization strategy, which will help the company continuously improve its overseas business layout and enhance its competitiveness in the international market.