(Yicai) Nov. 28 -- Shares of Jereh Oilfield Services Group surged by their daily trading limit after the private Chinese oil exploration engineering service provider said it has secured an order worth more than USD100 million for generator sets for a client's North American data center.

Jereh [SHE: 002353] jumped 10 percent to CNY56.43 (USD7.97) a share as of 1.35 p.m. in Shenzhen today. The stock has soared over 54 percent since the start of this year.

Jereh will concentrate its superior resources to ensure the timely, high-quality delivery of the equipment, the Yantai-based company announced during an investor conference call yesterday, without disclosing further details such as the name of the buyer.

The North American data center market has strict requirements for the reliability, integration, and intelligence of power supply systems, Jereh said, adding that its power generation equipment can meet the high reliability, response speed, operational flexibility, and stability standards of data centers, oil and gas, and other sectors.

In addition, Jereh noted that building on years of stable cooperation with German industrial giant Siemens, it recently landed a big order from US energy tech firm Baker Hughes, providing strong support for global project deliveries.

The conference call of Jereh was attended by nearly 170 domestic and international investors, including Citigroup Global Markets Asia.

Jereh is a world-renowned equipment, technology, and engineering service provider for oil and gas fields. Its net profit rose 13 percent to CNY1.8 billion (USD254.2 million) in the nine months ended Sept. 30 from a year ago, while its operating revenue surged 30 percent to CNY10.4 billion (USD1.5 billion).

Editor: Martin Kadiev