# Sun King Technology subsidiary signs CNY 479M contract for Saudi Arabia project

A subsidiary of Sun King Technology (00580.HK) signed a contract worth approximately CNY 479 million with Nanjing NARI Semiconductor Co., Ltd. to supply power electronic devices for the Saudi Arabia Central-South Flexible DC project.

- Type: Contract
- Announced: 2024-09-30
- Where: Riyadh, Jizan, Jeddah, Saudi Arabia, Saudi Arabia
- Value: $67.0M (479.0M CNY)
- Status: completed
- Products: power electronic devices
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sun.King Technology](https://endata.com/companies/32487.md)
- [SUN.KING Power Electronics Devices](https://endata.com/companies/82052.md)
- [Nanjing NARI Semiconductor Co., Ltd.](https://endata.com/companies/79824.md) (customer)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1190436.html), 2024-10-07: "集团作为电力电子器件供应商，在支持国网推动柔直技术走出去的同时，也将在更多产品和领域积极开拓国际市场，推进国际化战略。"
- [en.sunking-tech.com](https://en.sunking-tech.com/Company-News/sunking-order-for-saudi-flexible-direct-current-project.html), 2024-12-30: "SUN.KING Power Electronics Devices received a purchase order for the 'Saudi Arabia Central and Southern Flexible Direct Current Project', involving a total amount of approximately RMB 479 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.