Dajin Heavy Industry (SHE:002487) subsidiary Penglai Daikin Marine Heavy Industry will supply ultra-large offshore wind power monopile products for a European offshore wind project, according to a Tuesday filing with the Shenzhen bourse.
The subsidiary is slated to rake in 430 million yuan from the transaction.
Penglai Daikin will complete the delivery of the products in 2026 to an unnamed energy company, which the company said is among the world's leading energy companies, the filing said.