Hongsheng Huayuan's subsidiary won the bid for a 5.84 billion yuan State Grid project.

Zhitong Finance APP News: Hongsheng Huayuan (601096.SH) announced that in the 65th batch of procurement activities of State Grid Corporation in 2025 (fifth bid procurement of line equipment for transmission and transformation projects), the company's subsidiary was selected as the candidate for the bid packages of angle steel towers including Package 3, Package 5, Package 6, Package 14, Package 18, Package 27, Package 28, Package 36, Package 50, Package 53, Package 55, Package 58, Package 66, Package 68, Package 88, Package 93, Package 112, and Package 120; and as the candidate for the bid packages of steel pipe towers including Package 2, Package 6, Package 10, Package 22, and Package 27. The total pre-selected bid amount for the above 23 packages is approximately 584 million yuan, accounting for about 5.76% of the company's audited operating income in 2024.