Subsidiary of Dalian Insulator Group (002606.SZ) is expected to win a National Grid project worth approximately 48 million yuan.

Dalian Insulator Group (002606.SZ) announced that its wholly-owned subsidiary, Dalian Insulator Group Transmission and Distribution Materials Co., Ltd. (hereinafter referred to as "Dalian Insulator"), has been selected as the recommended bidder for the first batch of procurement by State Grid Corporation of China in 2025 (the first round of procurement for line device materials for transmission and transformation projects), including Package 1, Package 3, Package 6 for porcelain insulators, and Package 5 for composite insulators. According to the announcement, Dalian Insulator is expected to win contracts for more than 79,000 pieces of porcelain insulators and around 43,000 composite insulators, with a total contract value of approximately RMB 48 million, accounting for 5.72% of the company's total audited operating income in 2023.