Lin Yang Energy: Signs approximately 383 million yuan intelligent electricity meter supply contract with Australian Langir.
On the evening of September 8th, Lin Yang Energy announced that it has recently signed a supply contract for smart meters with Landis&Gyr Pty Ltd, with the company providing smart meter products. According to the contract quotation, the total amount of the contract is approximately 54 million US dollars, equivalent to about 383 million RMB, accounting for 5.69% of the company's audited total operating income in 2024. It is expected that the fulfillment of the contract will have a positive impact on the company's operational work and performance in 2025 and subsequent years.
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