Yantai Jereh Oilfield Services Group (SHE:002353) subsidiary GenSystems Power Solutions secured a $106 million contract from a U.S. client to supply gas turbine generator sets.
The equipment is designed for data centers and industrial power supply, according to a Wednesday filing with the Shenzhen bourse.
This marks the second such deal with the same client in 12 months, bringing the total contract value to $212 million.
Shares of the oilfield equipment manufacturer closed 10% higher Wednesday.
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