Taiji subsidiary Eleven Tech signs major EPC contract

Wuxi Taiji Industry (SSE:600667) announced that its subsidiary, Eleven Technology, has officially signed an EPC contract with Hefei Jian Tou High-tech Innovation Investment Development Co. for the Hefei High-tech Zone Electronic Information Standardization Plant project. The project, covering approximately 215 acres with a construction area of about 250,000 square meters, is valued at 2.385 billion RMB. It includes the construction of a power semiconductor plant, support facilities, and related infrastructure. The project duration is estimated at 510 calendar days. Eleven Tech will manage all aspects, from design to construction, with a focus on high-quality standards. The contract's execution is expected to strengthen Eleven Tech's position in the electronic information industry, although the precise impact on Wuxi Taiji's 2025 financial performance remains uncertain.