Hongsheng Huayuan: Pre-winning bid for National Grid's procurement project totaling around 835 million yuan.
Hongsheng Huayuan announced on February 9th that recently, State Grid Corporation of China has published "The 66th batch of recommended winning candidates for procurement by State Grid Corporation of China in 2025" and "The first public bidding for procurement of installation materials for State Grid Corporation of China's transmission and transformation projects in 2026". The company has won a total of 29 bid packages, with a pre-winning amount of approximately 835 million yuan, accounting for about 8.23% of Hongsheng Huayuan's audited operating income in 2024.
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