Shandong Yabo Technology Co LtdSubsidiary signs 99.8M yuan EPC contract for energy storage project, boosting revenue.

*ST Yabo's wholly-owned subsidiary, Shandong Zhongfukai New Energy Technology, has signed an EPC general contracting agreement with Meihekou Rushi Xinsheng New Energy for a 50 megawatt / 100 megawatt-hour frequency regulation energy storage station project. The total contract value is 99.8 million yuan including tax, accounting for 34.05 percent of the company's audited 2025 revenue. The project is located in Meihekou City, Jilin Province, with a planned construction period of 82 days and a scheduled completion date of October 31, 2026. The company stated that successful implementation is expected to have a positive impact on future operating performance, while also noting that there are risks that the contract may not be fulfilled on time or in full.
Shandong Yabo Technology Co LtdSubsidiary signs 99.8M yuan EPC contract for energy storage project, boosting revenue.
Wholly-owned subsidiary signs EPC contract, directly involved in project.