Dalian Insulator Group (002606.SZ) subsidiary Dalian Insulator Materials is expected to win a bid of around 55.7 million yuan for a project with State Grid Corporation of China.

Dalian Insulator Group (002606.SZ) announced on December 16, 2024, that State Grid Corporation of China has published on its e-commerce platform the "Notice of Recommended Bidders for the 88th Batch of Purchases in 2024 (6th Line Device Bidding and Purchasing for Transmission and Transformation Projects)" , "Notice of Recommended Bidders for the 89th Batch of Purchases in 2024 (2nd 35-330kV Material Agreement Inventory Bidding and Purchasing for Transmission and Transformation Projects)" and "Notice of Recommended Bidders for the 85th Batch of Purchases in 2024 (6th Bid and Purchase of Transformation Equipment (including cables) for Transmission and Transformation Projects)". The company's wholly-owned subsidiary Dalian Insulator Group Transmission and Transformation Materials Co., Ltd. (referred to as "Dacima") has been recommended as the winning candidate, with a total estimated bid amount of approximately 55.7 million yuan.