Dalian Electric Porcelain: Pre-bid for State Grid's 59 million RMB project.
Dalian Electric Porcelain announced that its wholly-owned subsidiary, Dalian Electric Porcelain Group Transformer Materials Co., Ltd., has been recommended as the winning candidate for the 65th batch of procurement by State Grid Corporation of China in 2025. The company is expected to supply over 111,000 pieces of porcelain insulators with a total value of approximately 51 million yuan; and over 5,100 sets of composite insulators with a total value of approximately 8 million yuan. The total amount of the expected winning bid is approximately 59 million yuan, accounting for 3.94% of the company's audited total operating revenue in 2024.
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