Dajin Heavy Industry Signs $135 Million Monopile Contract for European Offshore Wind Farm

On March 24, Dajin Heavy Industry Co., Ltd. released an announcement titled "Regarding the Signing of a Monopile Foundation Manufacturing, Supply, and Transportation Contract for an Offshore Wind Farm in Europe."

The announcement disclosed that recently, Penglai Dajin Offshore Heavy Industry Co., Ltd., a wholly-owned subsidiary of Dajin Heavy Industry, signed a "Monopile Foundation Manufacturing, Supply, and Transportation Contract" with a European energy company. Penglai Dajin will provide super-large monopile products for an offshore wind power project in Europe. The total contract amount is approximately $135 million (equivalent to about 986 million yuan), accounting for approximately 22.80% of the company's audited operating revenue in 2023.