SAIHEAT Signs A MoU To Strengthen Its Leadership Position In The Middle East Nuclear And SMR Markets, Further Advancing SAIHEAT's Localization Strategy In The Region, Solidifying Market Position While Expanding Influence

SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) ("SAIHEAT" or the "Company") (NASDAQ:SAIH, SAITW))))), announces the signing of a Memorandum of Understanding (MoU) for HEATNUC products. This agreement aim to enhance strengths in product development and marketing. The MoUs are designed to boost the company's competitiveness in the Middle East and global markets. This strategic move will further advance SAIHEAT's localization strategy in the region, solidifying market position while expanding influence.

 

This Memorandum of Understanding (MOU) was signed with Jiangsu Xuanrui Vibration Damping Equipment Co., Ltd. and marks the establishment of a strategic partnership between the two companies, focusing on the commitment to support hangers and hydraulic dampers. This includes coverage of second-generation plus, the introduction of third-generation (EPRAP1000) independent third-generation ("Hualong One", Guohe One) four-generation nuclear power, etc., mainly targeting the large-scale nuclear power sector. The cooperation also covers subcontractors and joint manufacturing. The aim of this cooperation is to jointly manufacture nuclear and small modular reactor (SMR) equipment and components, with a focus on improving competitiveness while expanding the market for collaboration between the two companies.

The MOU not only emphasizes cooperation through the exchange of expertise in project management and business practices, but also focuses on joint marketing efforts in the nuclear and small reactor sectors. This demonstrates a commitment to mutual development through the sharing of knowledge and experience. In addition, HEATNUC and its partners plan to further expand their global reach by exploring and expanding international markets through joint ventures.

These initiatives are fully in line with HEATNUC's strategic goal to strengthen its important position in the global nuclear industry. Through close cooperation with its partners, HEATNUC aims to provide innovative solutions while maintaining the highest standards of quality and safety.