---
title: "HYP-ARCH: Wholly-owned subsidiary signs a procurement contract worth 232 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253584400.md"
description: "HYP-ARCH announced that its wholly-owned subsidiary Tianjin Jiahui Power Engineering Co., Ltd. has signed a procurement contract with Siyuan Qingneng Electric Electronics Co., Ltd. and Shanghai Siyuan Power Distribution Engineering Co., Ltd., with a total contract price of 232 million yuan. This contract is for the procurement of equipment and services required for the 200MW/400MWh shared energy storage demonstration project of Langyuan New Energy, and is expected to have a positive impact on the company's future performance. The signing and execution of the contract will help promote the implementation and delivery of the Langyuan energy storage project"
datetime: "2025-08-19T08:12:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253584400.md)
  - [en](https://longbridge.com/en/news/253584400.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253584400.md)
---

# HYP-ARCH: Wholly-owned subsidiary signs a procurement contract worth 232 million yuan

HYP-ARCH announced that its wholly-owned subsidiary Tianjin Jiahui Power Engineering Co., Ltd. has signed a procurement contract with Siyuan Qingneng Electric Electronics Co., Ltd. and Shanghai Siyuan Power Distribution Engineering Co., Ltd., with a total contract price of 232 million yuan. This contract is for the procurement of equipment and services required for the 200MW/400MWh shared energy storage demonstration project of Langyuan New Energy, and is expected to have a positive impact on the company's future performance. The signing and execution of the contract will help promote the implementation and delivery of the Langyuan energy storage project

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