Jiangsu Linyang Energy (601222.SH) won a bid for a National Grid project worth approximately 55.56 million yuan.

Jiangsu Linyang Energy (601222.SH) announced that on March 31, 2026, the company received the notification of winning the bid from State Grid Corporation of China and State Grid Material Co., Ltd for the "State Grid Corporation of China's 2026 Marketing Project Metering Equipment Special Open Tender Procurement" (Tender No.: 0711-26OTL01122003). The company was awarded as the winning bidder for the A-level single-phase smart energy meter, B-level three-phase smart energy meter, and C-level three-phase smart energy meter in this project, totaling 3 bid packages, with a total bid amount of approximately 55.5676 million yuan. The total bid amount for this bid is approximately 55.5676 million yuan, accounting for 0.82% of the company's total revenue audited in 2024. The implementation of the bid contract is expected to have a positive impact on the company's business operations and performance in 2026, but will not affect the company's business and operational independence.