Changshu Fengfan Power Equipment (601700.SH) won the bid for a national power grid related project worth about 1.49 billion yuan.
Fengfan Corporation (601700.SH) announced that recently, State Grid Corporation's e-commerce platform released the bidding results announcement. The company was the successful bidder for the "Package 1 for materials inside the Ultra-High Voltage Station"; "Package 6 for general line steel pipe towers"; "Package 1 for steel pipe towers"; "Package 19 for angle steel towers"; and "Package 80 for angle steel towers" as indicated in the above-mentioned bidding results announcement. The total amount of winning bids for the above packages is approximately 149 million yuan, accounting for about 5.00% of the company's audited operating income in 2025.
Changshu Fengfan Power Equipment (601700.SH) announced that recently, State Grid Corporation of China's electronic commerce platform issued the bid-winning results announcement. The company has been awarded the bids for "High Voltage Station Internal Materials Package 1", "General Line Steel Pipe Tower Package 6", "Steel Pipe Tower Package 1", "Angle Steel Tower Package 19", and "Angle Steel Tower Package 80". The total bid amount for the above packages is approximately 149 million yuan, accounting for about 5.00% of the company's audited revenue in 2025.
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Jiangsu Feymer Technology (688350.SH) plans to repurchase company shares with an amount between 20 million to 40 million yuan.

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