Das Intellitech wins $8m smart hospital project

Shenzhen Das Intellitech (SZSE:002421) announced that its wholly-owned subsidiary, Jiangsu Das Intellitech Medical Technology, has won a bid for the Bao'an District Traditional Chinese Medicine Hospital expansion project (Phase II) medical specialization project. The contract is valued at 57.3849 million RMB (approximately $8 million USD). The project encompasses purification, radiation protection, and medical gas engineering. Das Intellitech will provide comprehensive services, including design and delivery for the new hospital wing, which includes specialized operating rooms and support facilities. The company expects this project to positively impact future earnings, representing 1.5% of its 2023 audited revenue. While a bid has been secured, a formal contract is pending.