Baiyun Electric Appliances: won a total bid of 1.62 billion yuan for the 60th batch of procurement projects of State Grid in 2025

White Cloud Electronics announced that the company and its controlling subsidiary, Guilin Capacitor, have won 9 sub-projects in the 60th batch of the State Grid's 2025 procurement project, with a total bid amount of 162 million yuan. These projects include composite appliances, switch cabinets, transformers, and capacitors, involving multiple provincial-level power companies. The bid amount accounts for 3.25% of the company's audited operating income in 2024. Although formal contracts have not been signed yet, if the contracts are successfully fulfilled, they will have a positive impact on the company's operations and performance.