ST Yabo (002323.SZ) subsidiary is expected to win the bid for a 1.94 billion yuan EPC general contracting project for an energy storage power station.

Zhitong Finance and Economics APP News, *ST Yabo (002323.SZ) issued an announcement that its wholly-owned subsidiary Shandong Zhongfu Kai New Energy Technology Co., Ltd. (referred to as "Zhongfu Kai") participated in the bidding for the EPC general contracting project of the 200MW/400MWh energy storage power station project in Xigang Town, Tengzhou City (the first phase of 100MW/200MWh). On June 9, 2026, the tenderer announced the evaluation results, with Zhongfu Kai being the first candidate for the above project. The intended bidding price for the project is 194 million yuan, accounting for 66.19% of the company's audited operating income in 2025. The intended winning project is in line with the company's main business strategic layout.