Hongsheng Huayuan (601096.SH) subsidiary is expected to win the bid for a 7.45 billion yuan State Grid project.

According to the Zhitong Finance and Economics APP, Hongsheng Huayuan (601096.SH) announced that its subsidiary company is expected to win the bid for a National Grid procurement project, totaling 32 bidding packages, with an estimated winning amount of about 745 million yuan, accounting for approximately 7.78% of the company's audited operating income in 2025. The signing and implementation of the above-mentioned project contracts will have a positive impact on the company's business performance.