Samsung Medical: Subsidiary OX Smart Technology is Expected to Win the Bid for 195 Million Yuan in the Second Batch of Framework Bidding Projects of the Southern Power Grid Company.
Samsung Medical's wholly-owned subsidiary, OX Smart Technology, was recently recommended as the winning candidate in the 2023 distribution equipment second batch framework bidding project of the Southern Power Grid Company, with an estimated bid amount of approximately 195 million yuan. According to the public disclosure, OX Smart Technology is the winning candidate for this project for 10kV oil-immersed transformers (except for amorphous alloy type), 10kV amorphous alloy oil-immersed distribution transformers, 10kV SCB dry-type transformers, 10kV pre-installed substations (European style, compact style), 10kV combined substations (American style), and low-voltage switchgear. Based on the estimated quantity and quotation of OX Smart Technology's expected bid, the estimated bid amount is approximately 195 million yuan.

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