New Alliance Electronics: The company won the bidding for the State Grid Corporation's procurement project, with an estimated total amount of approximately 55.7756 million yuan.

The Xinlian Electronics announcement, State Grid Corporation of China (SGCC) on September 19, 2025, announced the "Public Notice of Bid Candidates Recommended for the Fifty-Third Batch of Procurement of State Grid Corporation of China in 2025" on its e-commerce platform. The company is one of the bid candidates, with a total of 5 packages, and the estimated total bid amount is approximately RMB 55.7756 million. This estimated total bid amount accounts for about 7.28% of the company's 2024 operating income. After winning the project, it will have a positive impact on the company's operating performance.