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Zhongheng Electric (002364.SZ) wins bid to HVDC) array cabinets for Alibaba data center

October 22, 2018


Abstract : Hangzhou Zhongheng Electric Co.,Ltd. (002364.SZ) affirmed it has won the bid to provide high voltage direct current (HVDC) array cabinets for Alibaba’s data center with a project value of 300 million yuan.

BEIJING, Oct. 22 (Xinhua) -- Hangzhou Zhongheng Electric Co.,Ltd. (002364.SZ) affirmed it has won the bid to provide high voltage direct current (HVDC) array cabinets for Alibaba’s data center with a project value of 300 million yuan, accounting for 36.64 percent of the company’s audited revenue of 2017.

The winning of the bid is expected to positively affect the company’s operating performance in 2018 and 2019, the company said in an announcement.  (Edited by Yang Qi, kateqiyang@xinhua.org)

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Keyword: China equipment electric

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