Ningbo Jianan Electronics (300880.SZ) won a State Grid project worth approximately RMB151 million.

Ningbo Jianan Electronics (300880.SZ) announced that on November 3, 2026, the company received a notice of award from State Grid Corporation of China and State Grid Materials Co., Ltd. In the "State Grid Corporation of China 2026 Marketing Project Second Equipment Public Bidding Procurement Project and State Grid Corporation of China 2026 Marketing Project Second Equipment (Smart Integrated Terminal) Public Bidding Procurement Project," the company was awarded as the winner for Class A single-phase smart electricity meters, Class B three-phase smart electricity meters, Class C three-phase smart electricity meters, dedicated transformer data acquisition terminals, and smart integrated terminals, winning a total of 7 bid packages, with a total award amount of approximately RMB151 million, accounting for approximately 23.80% of the company's audited main business revenue for 2025. The contracts related to the above awarded projects will be signed within 30 days from the date of receipt of the notice of award, and the performance period shall be subject to the final signed contracts.