JinGuan Electric (688517.SH): Won the bid for a 20.4417 million yuan State Grid project.

date
17:23 07/09/2026
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GMT Eight
Jinguang Electric (688517.SH) announced that recently, the State Grid Corporation of China publicly announced the list of recommended winning candidates for the fourth batch of bidding procurement for substation equipment (including cables) for the 2026 power transmission and transformation projects. The company and its wholly-owned subsidiary, Nanyang Jinguang Intelligent Switch Co., Ltd., won a total of 2 bid packages for surge arresters and switchgear products, with a total bid amount of 20.4417 million yuan. This winning bid amount accounts for approximately 2.48% of the company's projected revenue for 2025.
JinGuan Electric (688517.SH) announced that recently, the State Grid Corporation of China published the list of recommended winning candidates for the fourth public bidding procurement of substation equipment (including cables) for the 2026 power transmission and transformation project. The company and its wholly-owned subsidiary, Nanyang Jinguan Intelligent Switch Co., Ltd., won two bid packages for surge protective devices and switchgear, with a total winning amount of 20.4417 million yuan. This bid amount accounts for approximately 2.48% of the companys projected operating revenue for 2025.