Jinguan Electric: Won the bid for the national power grid procurement project of approximately 39.2074 million yuan.
Jinguang Electrical Announcement: Recently, State Grid Corporation of China announced the list of recommended bidders for the first equipment and transmission and transformation project of the 2026 Ultra High Voltage project, as well as the first bid for transformer equipment procurement. Jinguang Intelligent Switch Co., Ltd., a subsidiary of the company, won the bid for a total of 4 packages of lightning arresters and switchgear products, with a total bid amount of approximately 39.2074 million RMB, accounting for approximately 4.75% of the company's revenue in 2025.
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