Changgao Electric Group (002452.SZ) has won a total of 4.45 billion yuan in bids for national grid projects through several subsidiaries.

Changgao Electric Group (002452.SZ) announced that according to the "State Grid Corporation of China's 2025 43rd batch of procurement (third bidding and procurement of power transmission and transformation equipment including cables)" and "State Grid Corporation of China's 2025 44th batch of procurement (third single-source procurement of power transmission and transformation equipment)" notices of successful bids, the company's subsidiaries Hunan Changgao Electric Co., Ltd., Hunan Changgao High Voltage Switch Co., Ltd., Hunan Changgao Senyuan Electric Equipment Co., Ltd., and Hunan Changgao Complete Electrical Apparatus Co., Ltd. were each awarded bids in the categories of composite apparatus, isolating switches, circuit breakers, and switchgears. In the aforementioned bidding projects, the total amount awarded to the four subsidiaries was 445 million yuan.