Yantai Jereh Oilfield Services Group Co LtdJereh subsidiary signs $1.465B gas turbine generator order with a global cloud provider, representing 61% of 2025 revenue.

Jereh Group's subsidiary J&F Power Systems LLC has signed a gas turbine generator supply contract with a globally renowned cloud service provider. The order is valued at 1.465 billion US dollars, approximately 9.95 billion yuan, accounting for 61.33% of the company's audited 2025 revenue. Over the past twelve months, the company and its subsidiaries have signed similar contracts with this customer and its affiliates totaling 1.72 billion US dollars, approximately 11.681 billion yuan. The company stated that this contract demonstrates the customer's recognition of its overall power solution capabilities, product performance, delivery capacity, and comprehensive service strength, which will solidify its competitive edge in the data center power supply sector and support its global market expansion. Since November 2025, the company has signed six gas turbine generator sales contracts with US customers, with a cumulative value exceeding 7 billion yuan, making the gas turbine business a key growth driver. The company also cautioned that contract execution faces multiple uncertainties, including component procurement, customer performance, delivery and acceptance, macroeconomic conditions, and exchange rate fluctuations.
Yantai Jereh Oilfield Services Group Co LtdJereh subsidiary signs $1.465B gas turbine generator order with a global cloud provider, representing 61% of 2025 revenue.