State Grid Information & Telecommunication (600131.SH) subsidiary pre-awarded a 2.905 billion yuan State Grid project.

State Grid Information Communication (600131.SH) announced that its wholly-owned and holding subsidiary, China Electric Power Equipment and Technology Co., Ltd., is expected to win bids for the State Grid Corporation of China's fourth public tender procurement for transformer substation equipment (including cables) for the 2026 power transmission and transformation project, the third public tender procurement for equipment for the 2026 digitalization project, and the third public tender procurement for services for the 2026 digitalization project, with a total expected winning bid amount of 2.905 billion yuan. The performance of contracts for the above projects is expected to have a positive impact on the companys future operating performance.