SANXING's subsidiary signs a 419 million yuan smart meter project in Egypt
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Ningbo Samsung Intelligent Electric Co., Ltd., a wholly-owned subsidiary of SANXING Medical, has signed a contract for the smart meter project in Egypt, amounting to USD 58.8 million (approximately RMB 419 million), accounting for 2.87% of the company's audited operating income for the fiscal year 2024. This contract will positively impact the company's operating performance and help the company expand its overseas market and enhance its competitive advantage
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