Subsidiary of Yabo Technology Secures Energy Storage Station Project Valued at 99.8 Million Yuan

Stock News07-21

The subsidiary of Shandong Yabo Technology Co.,Ltd. (ASX:002323) has been awarded a contract for an energy storage power station project.

According to an announcement from the company, its wholly-owned subsidiary, Shandong Zhongfukai New Energy Technology Co., Ltd., participated in the bidding for the 50MW/100MWh frequency regulation energy storage power station project of Meihekou Rushixin New Energy Co., Ltd.

The winning bid for this project is 99.8 million yuan, which represents 34.05% of the company's audited operating revenue for the year 2025.

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