Recently, AEG Industrial Systems (Shanghai) Co., Ltd. ("AEG") officially signed a cooperation agreement with State Power Investment Corporation (SPIC) for the Phase II project of Shanghai Power Caojing Integrated Energy Center. As the core equipment supplier for the project, AEG will provide its SecoGear P/V-12 AC metal-enclosed switchgear.The signing of this strategic partnership highlights AEG’s technological expertise in high-end power distribution equipment, which has gained strong industry recognition. The two parties will deepen collaboration in the smart energy sector, jointly advancing the development of integrated energy systems in the Yangtze River Delta region. National-level integrated energy demonstration project The Shanghai Power Caojing Integrated Energy Center Phase II is a flagship energy innovation demonstration project under Shanghai's 14th Five-Year Plan. Located in Caojing Town, Jinshan District, Shanghai, the project spans 31 hectares and integrates a multi-energy coordination system including gas-fired power generation, photovoltaic energy storage, and hydrogen-based peak shaving.Adopting the construction concept of a digital power plant, the project has established a smart power plant framework to create a world-class demonstration station characterized by cleanliness, low-carbon operation, high efficiency, and intelligent management.AEG is deeply involved in building the smart power distribution network for this energy center. The switchgear equipment provided by AEG will serve core power system protection and intelligent distribution functions. This initiative will significantly enhance the energy hub's power supply reliability and comprehensive energy efficiency, further meeting the demands of high-quality energy transition. Technology Empowerment: Innovative Breakthroughs of SecoGear P/V-12 The SecoGear P/V-12 represents a compact air-insulated switchgear solution that combines AEG's century-long German power technology heritage with localized Chinese innovations. It sets industry benchmarks in safety, reliability, performance and sustainability, featuring five key technical advantages:1.Indoor AC metal-enclosed switchgear suitable for various substations and distribution stations2.Equipped with next-generation solid-insulated SecoVac VB2 Plus vacuum circuit breaker3.Spacious cable compartment designed for easy cable termination4.Internal arc fault withstand capability meeting AFLR class (up to 50kA/1s)5.Comprehensive interlock system to prevent misoperation and enhance safety Increasing international regulations focusing on the use of SF6 and other greenhouse gases as well as related disposal costs have made vacuum technology the optimal choice for the future due to its reliability, low maintenance costs and minimal environmental impact. The SecoGear P/V-12 AC metal-enclosed switchgear combines vacuum technology with air and epoxy resin insulation, providing users with:1. Minimal number of components and lowest energy loss during operation2. No special requirements for switchgear disposal at end of lifecycle 3. No need for SF6 gas in switching and insulation medium 4. Elimination of risks from SF6 gas or toxic byproduct leakage 5. Eco-friendly design using reusable and recyclable materials 6. Energy-efficient production and assembly using green energy Future Outlook: Collaborative Development with New Power Systems The strategic partnership between AEG and State Power Investment Corporation marks the establishment of a profound collaborative relationship in the field of energy transition. The cooperation on Shanghai Power Caojing Integrated Energy Center Phase II project demonstrates AEG's mission to advance the future of energy through technological innovation. Leveraging its high-end product lines including the SecoGear series, AEG will contribute to the construction of new power systems while providing China's practical case for global energy transformation. In this new era of deepening energy revolution, AEG will continue to drive power equipment upgrades through technological innovation, establishing benchmark practices for low-carbon transformation of urban energy systems. Project Name: Haoyang Data Langfang No.1 Data Center - Building B Phase 1Product Information: 279 units of SGEG VP Series Power Distribution BoxesContracting Company: Shanghai Junsenming Electronics Technology Co., Ltd.Contract Signing Date: Expected late February to early March Project Name: SPIC Shanghai Caojing Power Plant Phase IIProduct Information: 186 units of AEG P/V-12 High Voltage SwitchgearContracting Company: Contract Signing Date: Pending official bid announcement

According to the WHO's *2024 Asia-Pacific Medical Infrastructure Report*, the Southeast Asian medical consumables market is projected to exceed $12 billion by 2025, with a 9.2% CAGR. As the regional hub, Indonesia is attracting foreign medical enterprises through policy incentives, targeting 60% localization of medical consumables production by 2027. Amid the accelerated restructuring of global medical supply chains, Chinese intelligent manufacturing is emerging as a powerful core engine for high-end medical equipment and infrastructure development.Recently, GD Electric (SGEG) successfully delivered the first batch of customized low-voltage and high-voltage power distribution equipment for PT BASIC (Intco Medical)'s Indonesia Medical Industrial Park. Spanning 100 hectares, the project will become one of Southeast Asia's largest medical consumables production bases upon completion. GD Electric's professional power distribution solutions will provide reliable electricity supply for the stable operation of this medical industrial park. "Power Lifeline" for Medical Industrial Parks: GD Electric's Solution Addresses Industry Challenges The power demands of medical industrial parks far exceed those of traditional industrial settings, presenting unique and stringent challenges for power distribution systems:Critical continuity requirements: Production lines operate 24/7, where power outages could result in millions of dollars in wasted medical supplies, making stable energy supply the "lifeline".High sensitivity of precision equipment: PT BASIC's production lines rely on ultra-precise temperature and humidity control, where even minor fluctuations may affect product quality.Dual environmental and safety standards: The project must simultaneously comply with both Indonesian national grid regulations and international medical industry certifications, presenting dual technical compliance challenges. Facing these industry challenges, GD Electric has developed a tailored solution centered on： High-Voltage Power Distribution System: Ensuring Grid Stability• Fully Insulated Gas Cabinet Technology: Resists Indonesia's humid climate with eco-friendly zinc plating (coating thickness ≥12μm, 168-hour neutral salt spray test). Circuit breaker chassis feature the same plating, ensuring reliable operation in salty, corrosive, and humid environments while maintaining continuous power supply under extreme conditions.• Visualized Intelligent Control: Video monitoring units enable visual oversight of key switchgear components and unified management of multi-channel video feeds, providing intuitive and effective device management for "what-you-see-is-what-you-get" operational monitoring.• Real-Time Temperature Monitoring: Sensors employ fully isolated high/low potential design and interference-resistant temperature transmission protocols without electrical wiring. Features include no batteries, strong anti-interference capability, and compact size. Intelligent current-based alarms pinpoint overheating locations accurately, reduce incident assessment time, and cut on-site inspection and maintenance workloads, with ≥99.5% fault proactive warning accuracy to eliminate risks proactively.Digital Low-Voltage Power Distribution System: Room for Production Line Upgrades• Modular Design: Supports flexible production line expansion, aligning with Intco Medical’s 5-year capacity growth plan and laying a foundation for long-term development.• Active Filtering Function: Eliminates harmonic interference, ensuring "zero-defect" operation of PT Basic’s precision injection molding equipment and guaranteeing every medical consumable meets standards.• Monitoring System: Real-time local/cloud-based detection of equipment status (temperature, overload protection, electrical lifespan, environment). AI online diagnostics for switchgear status,proactive warning settings management, power quality analysis, rapid root cause identification, and prevention of potential operational risks.• Safety Protection: Low-voltage products withstand internal arcing up to 480V 100kA 0.5S, meeting Class C protection standards.Green Energy Integration• Reserved PV/Storage Interfaces: Supports 30% green energy adoption for the park, aligns with Indonesia’s carbon neutrality policies, and promotes sustainable green medical infrastructure.