Sanxing Medical: Subsidiary signs overseas transformer framework contract worth 9.49 billion yuan.

Samsung Medical announced that its wholly-owned subsidiary Samsung Sweden has signed a framework contract with the Dutch Enexis electricity bureau for transformers, with a total contract amount of 117 million euros, approximately 949 million yuan. The contract amount accounts for 6.50% of the company's audited revenue for the year 2024, which will have a positive impact on the operating performance. This marks the company's first breakthrough in the distribution business in the Western European market. However, the contract amount is an estimate and there are risks such as unforeseen circumstances and changes in international trade policies during the execution.