OMH's subsidiary signs framework agreement with PTTSG, AUBO, etc

According to the Zhitong Finance APP, Dongjie Intelligent (300486.SZ) announced that PTT SYNERGY GROUP BERHAD (referred to as "PTTSG" or "Party A") intends to develop approximately 2 million pallet positions for automated warehousing facilities in Malaysia over the next five years for operations. The company's wholly-owned subsidiary Dongjie Intelligent (Shandong) Co., Ltd. (referred to as "OMH" or "Party B") has signed a "Framework Agreement" with PTTSG and AUBO (Shandong) Intelligent Robot Co., Ltd. (referred to as "AUBO" or "Party C"). If a formal contract is finalized, OMH will act as the main system integrator, providing customers with the design of complete equipment, manufacturing of stackers, and installation and debugging of software and control systems. Among them, the installation and debugging of handling and stacking robots will be considered to be provided by AUBO, and this part of the product is expected to account for only 8-10% of the contract amount.

It is reported that the cooperating party PTTSG is a construction company in Malaysia, focusing on earthworks and infrastructure engineering, and is also an emerging real estate developer involved in automation and intelligent warehousing, as well as industrial and residential development. The other partner AUBO is a wholly-owned subsidiary of AUBO (Beijing) Intelligent Technology Co., Ltd. (referred to as "AUBO Intelligent"). The actual controller and chairman Mr. Han Yongguang indirectly holds 7.1681% of the shares of AUBO Intelligent. The signing of this agreement is beneficial for the company's business expansion and strategic layout in overseas markets, striving for more customer resources and business orders