Lin Yang Energy (601222.SH) is expected to win the bid for a 1.42 billion yuan procurement project from State Grid Corporation of China.

date
21/09/2025
Zhitong Finance and Economics APP News, Lin Yang Energy (601222.SH) announced that State Grid Corporation of China announced on September 19, 2025, on the State Grid Corporation of China's Electronic Commerce Platform (ECP), the "Public Announcement of the Recommended Bidder for the Fifty-third Batch of Procurement (Second Measurement Equipment Tender Procurement for Marketing Projects) in 2025 by State Grid Corporation of China". The company is the recommended bid candidate by the evaluation committee of State Grid Corporation of China. Based on the estimated quantity of pre-winning bids and price calculations, the total estimated bid amount for the company is approximately 142 million yuan. The above-mentioned winning bid is expected to have a positive impact on the company's operating performance in 2025 and 2026, and the performance of the contract will not affect the independence of the company's operation.
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