Damon Technology wins a bid for a smart logistics project worth USD 40.8699 million for a well-known e-commerce giant in Latin America

Zhitong
2025.09.10 09:45
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Damon Technology won a bid for a smart logistics project worth USD 40.8699 million, serving a well-known e-commerce giant in Latin America. The project involves an intelligent logistics cross-belt sorting system, marking an important progress in the company's global layout. If the contract is successfully fulfilled, it is expected to have a positive impact on the company's future performance

According to the Zhitong Finance APP, Damon Technology (688360.SH) announced that the company has won the bid for a smart logistics project from a well-known e-commerce giant in Latin America (providing smart logistics cross-belt sorting systems and related services), with a bid amount of USD 40.8699 million (approximately RMB 290 million).

The project won this time is a smart logistics project (providing smart logistics cross-belt sorting systems and related services), which falls within the company's main business scope of daily operations, marking a solid step forward in the company's "global layout" process. If the formal contract for the bid project is signed and executed smoothly, it is expected to have a positive impact on the company's operating performance during the contract execution period