asianbeachgame| Linyang Energy: Subsidiary signed US$29.1198 million overseas operation contract

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[Linyang Energy: Subsidiary signed 2911asianbeachgameUS$98,000 Overseas Operation Contract] Securities Times e Company NewsasianbeachgameLinyang Energy (601222) announced on the evening of May 27 that recently, Shanghai Linyang, a wholly-owned subsidiary of the company, and Saudi Arabia EnergyCareCompanyforInformation Technology Ltd.asianbeachgame. Sign...

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[Linyang Energy: Subsidiary signed US$29.1198 million overseas operation contract] Securities Times e Company News, Linyang Energy (601222) announced on the evening of May 27 that recently, Shanghai Linyang, a wholly-owned subsidiary of the company, signed a contract with Saudi Arabia EnergyCareCompanyforInformation Technology Ltd.asianbeachgameThe supply contract for the smart meter project was concluded, and Shanghai Linyang provided smart meter products. Based on the contract quotation, the total contract amount is US$29.1198 million, or approximately RMB 210 million (including tax, converted into RMB at exchange rate 7.2), accounting for 3.05% of the company's audited total operating income in 2023.