Hai Xing Power (603556.SH) won the bid for a 1.28 billion yuan National Grid project.

Wisdom Financial News APP: Haixing Electric Power (603556.SH) announced that State Grid Corporation of China has announced on its e-commerce platform on September 19, 2025, the "Public Announcement of the Recommended Bidder for the Fifty-third Batch of Procurement (Marketing Project Second Metering Equipment Tender Procurement) in 2025 by State Grid Corporation of China". The recommended bidder for this project is expected to have a total bid amount of approximately 1.28 billion RMB. The performance of the contract after winning the bid will have a positive impact on the company's future operating performance and will not affect the company's operational independence.