Ningbo Sanxing Medical Electric (601567.SH) subsidiary signs a US$132 million contract for a U.S. data center energy storage oil-immersed transformer project.

Ningbo Sanxing Medical Electric (601567.SH) announced that its wholly-owned subsidiary Aux Intelligent Technology has won the bid for a U.S. data center energy storage oil-immersed transformer project. As the supplier, the company will provide oil-immersed transformer products, with a total contract value of US$132 million, equivalent to approximately RMB 885 million. The contract value of approximately RMB 885 million accounts for 6.16% of the company's audited operating revenue for 2025. The performance of the contract will have a positive impact on the company's operations and business performance, but will not affect the independence of the company's business or operations. The signing of this contract marks an important breakthrough for the company in the U.S. power distribution business data center sector and is a result of the company's active efforts to expand into overseas markets, which will help the company continuously improve its overseas business layout and enhance its competitive advantages in overseas markets.