Changgao Electric (002452.SZ) subsidiaries win a total of RMB 230 million in State Grid projects

Zhitong Finance APP News, Changgao Electric (002452.SZ) issued an announcement that on November 3, 2026, the e-commerce platform of State Grid Corporation of China published the "State Grid Corporation of China 2026 Power Transmission and Transformation Project Fifth Substation Equipment (including cables) Public Bidding Procurement Winning Bid Announcement" and the "State Grid Corporation of China 2026 Power Transmission and Transformation Project Fifth Substation Equipment Direct Procurement (Single Source) Transaction Announcement." The company's wholly-owned subsidiaries Hunan Changgao Electric Co., Ltd., Hunan Changgao High Voltage Switchgear Co., Ltd., Hunan Changgao Complete Electrical Equipment Co., Ltd., and Hunan Changgao Senyuan Electric Power Equipment Co., Ltd. won bids in the tenders for three categories of products: combined electrical apparatus, disconnectors, and switchgear, respectively. In the above tender projects, the four subsidiaries won a total of approximately 230 million yuan in bids.