SYNTHESISELECTRONIC won a bid for a related party project, with a bid amount of nearly 161 million yuan

SYNTHESISELECTRONIC announced that the company, as the leading party, won the bid for the first section of the Jinan Urban Trusted Data Space Construction Project in a consortium with China Electronics Cloud Computing and Inspur Cloud, with a bid amount of 123 million yuan; the company also won the bid for the second section, amounting to 57.1 million yuan. The total amount for the first and second sections undertaken by the company is approximately 161 million yuan, accounting for 17.62% of the 2024 revenue. The bidder, Jinan Big Data Group, is a related party to the company, and this transaction is exempt from submission for shareholder meeting review. The company has received the bid notification but has not yet signed a formal contract, and there is uncertainty regarding project performance