Hongsheng Huayuan: Subsidiary company is expected to win the bid for the 9.75 billion yuan project of Southern Power Grid.

Hongsheng Huayuan announced that its subsidiary company has won the bid for angle steel towers and steel pipe towers in the second special tender project for 800 kV ultra-high voltage direct current transmission project from Southeast Tibet to the Guangdong-Hong Kong-Macao Greater Bay Area. The winning bid amount is approximately 975 million yuan, accounting for about 9.61% of Hongsheng Huayuan's audited operating income in 2024.