Saijing Technology subsidiaries sign $12M contract for SVG project capacitors and semiconductors

Two subsidiaries of Saijing Technology signed three contracts totaling CNY 85.7755 million with Changzhou Borui Electric Power Automation Equipment to supply DC support capacitors and power semiconductor devices for a 66kV grid-structured SVG project of State Grid Sichuan Electric Power Company.

“the company's two subsidiaries signed three contracts with the purchaser Changzhou Borui Electric Power Automation Equipment Co., Ltd. as suppliers, with a total amount of RMB 857.755 million”news.futunn.com

• 2 sources
• news.futunn.comSaijing Technology (00580.HK) signed a contract for DC support capacitors and power semiconductor devices for the 66kV grid-structured direct-mount static reactive power generator (SVG) projectApr 29, 2024
• beta.zhitongcaijing.com赛晶科技(00580)：签订66kV构网型直挂静止无功发生器(SVG)项目直流支撑电容器及功率半导体器件合同Apr 29, 2024

Summarized from public sources; check the original articles before acting on it.