GUOXIA TECH (02655.HK): Enters Three-Year Strategic Cooperation Agreement with Siemens (China) on Smart Infrastructure and Zero-Carbon Parks

NewTimeSpace News: On 11 September 2026, Guoxia Technology Co., Ltd. (stock code: 02655) announced in a voluntary filing that on 10 September 2026 it entered into a strategic cooperation agreement with Siemens Ltd., China, valid for three years, under which the parties intend to establish a long-term commercial relationship in China and overseas markets in the areas of electrical intelligence, digitalization and low-carbon transition.

The cooperation covers 35kV and below smart power distribution equipment, Siemens digital hardware and software products, digital low-carbon software and the Siemens Xcelerator platform, with the parties jointly building smart infrastructure and digital low-carbon systems. The company will act as system product deliverer and Siemens as supplier, with specific terms to be negotiated and separate project contracts to be signed for each project. The parties will also explore joint R&D of an integrated "power supply plus distribution" solution for AI computing centers, and the company intends, on equivalent commercial terms, to give priority to Siemens products and solutions to jointly develop benchmark zero-carbon park and zero-carbon enterprise demonstration projects.

According to the announcement, the agreement is a framework agreement that does not impose legally binding obligations on either party, does not constitute exclusive supply or procurement obligations and sets no minimum purchase or supply volumes. As of the date of the announcement, the company has not entered into any formal or legally binding agreement with Siemens for the delivery of system products or procurement of goods.

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