Damon Technology Group (688360.SH) wins a bid for a smart logistics project for a well-known e-commerce giant in Latin America, with a contract value of $40.86 million.

Damon Technology Group (688360.SH) announced that it has won the bid for the intelligent logistics project of a well-known e-commerce giant in Latin America (providing intelligent logistics cross-belt sorting system and related services), with a bid amount of $40.8699 million US dollars (approximately RMB 290 million). This bid project is within the company's main business scope of intelligent logistics project (providing intelligent logistics cross-belt sorting system and related services), marking another solid step in the company's "globalization layout" process. If the bid project officially signs a formal contract and is successfully fulfilled, it is expected to have a positive impact on the company's operating performance during the contract execution period.