Subsidiary of Hsino Tower Group (601096.SH) is expected to win a national power grid project worth about 13.54 billion yuan.

Hsino Tower Group (601096.SH) announced that in the first batch of procurement activities of the State Grid Corporation of China in 2025 (the first bid procurement of installation materials for the first-line equipment of transmission and transformation projects), the company's subsidiary companies are the candidate winners of packages 4, 7, 10, 11, 14, 17, 20, 29, 49, 56, 59, 62, 65, 68, 73, 89, 103, 123, 157, 159, 167, 168, 169, and 180. In the second batch of procurement activities of the State Grid Corporation of China in 2025 (the first bid procurement of materials for ultra-high-voltage projects), the company's subsidiary companies are the candidate winners of packages 2, 3, 4, 9, 16, 23, 24, 32, and 37. The estimated total winning amount for the above 33 packages is approximately 1.354 billion yuan.