Evropeyskaya Elektrotekhnica became acquainted with the practical use of Kehua Tech's uninterrupted electric power supply systems

Evropeyskaya Elektrotekhnica became acquainted with the practical use of Kehua Tech's uninterrupted electric power supply systems

April 16, 2019. Sochi. Experts of PJSC Evropeyskaya Elektrotekhnica (hereinafter referred to as the "Company"), one of the leaders in the Russian engineering market, participated in the works of the first Annual Conference for Business Partners organized by the companies Absolute Technologies and Kehua Tech (PRC).

The conference was held under the topic "Integration of modern technologies with the solutions of Kehua Tech: a key reliability factor of the Eurasian Economic Union's digital infrastructure", and was held from April 3 to 5, 2019, with a high organizational level, at the Grand Hotel Zhemchuzhina in Sochi. It was attended by more than 170 representatives of customers and partner companies of Absolute Technologies that use Kehua Tech's uninterrupted power supply systems in their projects. Kehua Tech and its developments in the field of protection of uninterrupted guaranteed electric power supply were presented there. The topics addressed also the experiences of using Kehua Tech's uninterrupted power supply systems and their design features.

Kehua Tech is the leading supplier of uninterrupted guaranteed electric power supply systems with a capacity of at least 20 kW in the Chinese market, taking first place in the global ranking of industrial UPS suppliers. Over 200,000 customers from more than 100 countries around the world use the Chinese company's products. The Company's research center has more than 950 engineers. Through the efforts of these specialists, the Company has formed a base of more than 760 patents and intellectual property rights. The Company owns four high-tech production sites in China. This noteworthy fact shows how seriously the company takes the quality of its products; 15% of the staff at the company plants are engineers who control the quality of the components, technological processes and final products. The company has an extensive pool of certificates, including ISO9001, ISO14001 and OHSAS18001. The company's customer base includes Gazprom, Rosneft, Sinopec, Tencent, Siemens, IBM, Amazon, Coca Cola, Alibaba.com, Bank of China, China Southern Power Grid, China Construction Bank, and other international and national leaders.

Ilya Kalenkov, General Director of PJSC Evropeyskaya Elektrotekhnica, commented on the Company's participation in the conference: "In early March 2019, we informed our esteemed customers about our decision to begin using Kehua Tech's (PRC) uninterrupted guaranteed power supply systems in our projects. Before that, we received a distributor certificate from Absolute Technologies. The information presented during the Sochi Conference confirmed our favorable expectations about our cooperation. This high level of engineering solutions will be used in our engineering projects of different specializations and scales.” 

• Evropeyskaya Elektrotekhnica Group of Companies (MOEX: EELT) offers comprehensive solutions in the field of engineering and technological systems for industrial, construction and infrastructural purposes: low and medium voltage distribution equipment, low current systems, lighting systems, industrial electric heating systems and equipment for the Oil&Gas and petrochemical industries.

• As a Russian joint-stock company with high corporate governance standards and financial sustainability, the Company's Mission is to improve people's quality of life with its entrepreneurial vigour and engineering competencies.

• The Company was founded in 2004 and unites a distribution center, engineering departments, an electrical laboratory and specialized production facilities. The company is one of the largest electrical equipment distributors in the Russian Federation and an industrial partner of leading companies on the international engineering market.

• The Company's logistics capabilities include delivery (including non-standard and oversize load) to customers throughout Russia, including hard-to-reach Northern areas, as well as to Central Asia, North Africa and the Middle East.

• The Company has its own production of the following equipment:

• Complete transformer substations;

• Medium voltage units;

• Low voltage panels of up to 6,300A (including metro solutions);

• Electric lighting systems;

• Industrial electric heating systems;

• Cabling and wiring products.

• Areas of application of the Company's competences:

• Oil&Gas industry;

• Electric power sector;

• Peaceful atom,

• Steel and mining industry;

• Engineering;

• Transport infrastructure, water supply and sanitation.

• Evropeyskaya Elektrotekhnica's customers include major Russian companies: Rosneft, Gazprom, NOVATEK, LUKOIL, Sibur and Nizhnekamskneftekhim. Supplies were successfully implemented for the following projects: Power of Siberia, Yamal LNG, Smolensk NPP, Data Center of Sberbank of Russia, the Domodedovo, Sheremetyevo, and Pulkovo Airports, etc.

• New areas of Company activity starting from 2018 include development and production of the following:

• Modular equipment for the Oil&Gas and petrochemical industries (Company subsidiary ROG-Engineering, Ufa, Republic of Bashkortostan, Russian Federation);

• Industrial specialized solutions for metro substations (currently being consolidated into the Group's structure: Metrotonnel, Moscow, Russian Federation);

• Industrial electric heating systems.

• Key financial indicators of PJSC Evropeyskaya Elektrotekhnica (IFRS):

The personnel headcount is around 400 people. Since September 2017, common shares of PJSC Evropeyskaya Elektrotekhnica are traded on the Moscow Exchange with trading code EELT.

In June 2018, the company was named Import Substitution Leader at the Leader of Competitive Sales annual national awards, in which 450 domestic suppliers from various industries took part.

Contacts:

PJSC Evropeyskaya Elektrotekhnica

Tel.: +7 (800) 600-71-18

Mailing address: 1 Lyotchika Babushkina Street, Building 3, Moscow, 129344

For more information, please contact:

Stanislav Martyushev

Director for Corporate Communications and Investor Relations

PJSC Evropeyskaya Elektrotekhnica

Tel. +7 (495) 660-71-18 ext. 164

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