ST Yabo: Subsidiary plans to win the bid for a 1.94 billion yuan EPC general contracting project, accounting for 66.19% of the company's revenue in 2025.

On June 9th, ST Yabo announced that its wholly-owned subsidiary Shandong Zhongfu Kaixin Energy Technology Co., Ltd. plans to win the bid for the EPC general contract of the 200MW/400MWh energy storage power station project in Xigang Town, Tengzhou City. The tentative bid price is 194 million yuan, accounting for 66.19% of the company's audited operating income in 2025. It is expected that the successful implementation of the project will have a positive impact on the company's future operating performance.