Beijing CREAT Secures 693 Million Yuan Framework Deal for New Energy Box Transformers

Beijing CREAT (Stock Code: 002350.SZ) has announced its selection as the third successful bidder for a significant project involving new energy box-type transformers. The company's bid for Package 2 of this project totaled approximately 693 million yuan. Receiving the bid award notice, Beijing CREAT is set to formalize a framework agreement with the project initiator, with the final contract amount contingent on the actual signed project value. This development is expected to positively influence the company's operational results starting in 2025 and onward. The company's participation in this contract underscores its strategic role in the evolving new energy infrastructure sector. Data sources include publicly available information, market exchanges, and SMM's internal database, serving for reference purposes and not as specific investment advice.