Sun.King Technology Group Limited (HK:0580) has released an update.
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Sun.King Technology Group Limited has announced a major contract valued at approximately RMB 478.9 million with Nanjing Nari to supply power electronic components for a flexible DC project in Saudi Arabia, marking a significant step in their global expansion strategy. The deal supports China’s State Grid Corporation’s initiative to promote flexible DC transmission technology internationally. Directors confirmed that Nanjing Nari is an independent third party to the company.
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