ST Huaxi: Signed contract for the repair project of Al-Daura Thermal Power Plant in Baghdad, Iraq.

ST Huaxi announced that the consortium formed by the company and Bengbu International Economic and Technical Cooperation Limited Company has signed a subcontracting contract with Al-Nukhba OFS FZ-LLC from the United Arab Emirates for the repair, design, procurement, and construction and installation of the Al-Daura Thermal Power Plant in Baghdad, Iraq. The total contract price is 347 million US dollars. The company is responsible for the design, equipment supply, construction, installation, and commissioning, with a corresponding contract amount of 290 million US dollars, accounting for approximately 80.38% of the company's most recent audited operating income.