Ningbo Sanxing Medical Electric (601567.SH) subsidiary is expected to win a 1.07 billion yuan bid for a national grid project.

Ningbo Sanxing Medical Electric (601567.SH) announced that its wholly-owned subsidiary Ningbo Aox Intelligent Technology Co., Ltd. (referred to as "Aox Intelligent Technology") was recommended as a winning candidate in the recent national grid limited company's 2025 Northeast region second joint procurement of overhead insulated conductors, 10kV transformers, and 10kV pole-mounted transformer sets. The total estimated winning amount is approximately 1.07 billion yuan.