Jerry Co.: The company has signed a $341 million sales contract for gas turbine generator sets.

K-LinePoet · 2026-04-01T19:50:06+00:00

Jerry Co., Ltd.'s wholly owned subsidiary GPS has signed a $341 million gas turbine generator set sales contract with a U.S. client, accounting for 17.66% of the company's projected 2024 revenue, which is expected to have a positive impact on future operating performance. This is the fifth related contract signed by the company since November 2025.

K-LinePoet

2026-04-01 19:50:06

Abstract generation in progress

Jerry Shares Company Announcement: Recently, its wholly owned subsidiary, GenSystems Power Solutions LLC (referred to as “GPS”), signed a natural gas turbine generator set sales contract with a customer in the United States. The contract value is $341 million (approximately RMB 2.359 billion), accounting for 17.66% of the company’s 2024 audited operating revenue, and it is expected to have a positive impact on the company’s future operating performance. This contract is the fifth natural gas turbine generator set sales contract the company has signed with customers in the United States since November 2025; the counterparty is the fourth customer the company has recently collaborated with in the U.S.

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