Golden Crown Electrical (688517.SH) won the bid for the State Grid's procurement project worth 21.79 million yuan.

Zhtng Cijng APP news, Jn Gun Dinq (688517.SH) has announced that recently, State Grid Corporation of China has published the list of winning candidates for the 74th batch of purchases in 2025 (the fifth procurement of substation equipment (including cables)), and the company and its wholly-owned subsidiary, Nanyang Jn Gun Intelligent Switch Co., Ltd. (referred to as "Jn Gun Intelligent"), won the bid for 2 standard packages of lightning arresters and switch cabinets, with a total bid amount of 21.7976 million yuan, accounting for approximately 2.93% of the company's operating income in 2024. The performance of the winning contract will have a positive impact on the company's future business performance.