Samsung Electric (601567.SH) subsidiary signs overseas business contract worth 175 million yuan.

According to the Zhitong Finance APP, Samsung Electric (601567.SH) announced that its subsidiary, Fox, has signed a delivery project for the AMI smart metering infrastructure with the Polish Electricity Authority. As the supplier, the company will provide smart meters and communication modules. The total contract amount is 97.2959 million zlotys, equivalent to approximately 175 million RMB.