Fengfan Co., Ltd. won a bid for a State Grid project worth about 3.94 billion yuan.

Smart Finance APP News, Sunon Share (601700.SH) announced that on June 12, 2026, State Grid Corporation of China's e-commerce platform released the "State Grid Corporation of China 2026 UHV Project Second Materials Public Tender Procurement Bid Winning Announcement" and "State Grid Corporation of China 2026 UHV Project Second Equipment Public Tender Procurement Bid Winning Announcement". The company was the winning bidder for "Angle Steel Tower Package 14", "General Line Steel Pipe Tower Package 4", and "UHV Station Material Package 3, Package 7, Package 9, Package 12" as mentioned in the bid winning announcements.