Dalian Insulator Group's subsidiary is expected to win a bid worth 70.7 million yuan for a project of the State Grid.
Dalian Electric Porcelain (002606.SZ) announced that its wholly-owned subsidiary, Dalian Electric Porcelain Group Transformer Material Co., Ltd. (referred to as "DaCi Materials"), is expected to win several procurement projects from State Grid Corporation of China. The total expected winning amount is approximately 70.7 million yuan, accounting for 4.73% of the company's audited total operating income in 2024.
Dalian Insulator Group (002606.SZ) announced that its wholly-owned subsidiary, Dalian Insulator Group Power Transmission and Transformation Materials Co., Ltd. (referred to as "DC materials"), has won the bid for multiple procurement projects of State Grid Corporation of China. The total pre-bid amount is approximately 70.7 million yuan, accounting for 4.73% of the company's audited total operating income in 2024.
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