Subsidiary of Samsung Medical (601567.SH) expects to win a National Grid project worth approximately 1.43 billion yuan.

Financial news from Zhitong APP: Samsung Medical (601567.SH) announced that its wholly-owned subsidiary Ningbo Aox Intelligent Technology Co., Ltd. ("Aox Intelligent Technology") has been recommended as a candidate for winning the bid in the recent joint procurement projects of 10kV transformers and complete sets of equipment for 10kV pole-mounted transformers in the East China region of State Grid Corporation of China in 2025. The total estimated winning bid amount is about 143 million yuan.