Wasion Holdings (03393) issued an announcement. On August 28, 2024, State Grid Corporation of China (State Grid) announced the results of the second meter bidding for 2024. Willfar Group Co., Ltd., a subsidiary of the company, won a contract for approximately 0.359 million smart meters, with a contract value of approximately RMB 0.116 billion (approximately HKD 0.127 billion). In addition, Willfar Information Technology Co., Ltd., another subsidiary of the company, also won a contract for approximately 0.018 million data acquisition terminals and concentrators, with a contract value of approximately RMB 26.13 million (approximately HKD 28.7 million). The company's quantity and total contract amount obtained in this bidding ranked at the forefront.
Wasion Holdings (03393) issued an announcement. On August 28, 2024, State Grid Corporation of China (State Grid) announced the results of the second meter bidding for 2024. Willfar Group Co., Ltd., a subsidiary of the company, won a contract for approximately 0.359 million smart meters, with a contract value of approximately RMB 0.116 billion (approximately HKD 0.127 billion). In addition, Willfar Information Technology Co., Ltd., another subsidiary of the company, also won a contract for approximately 0.018 million data acquisition terminals and concentrators, with a contract value of approximately RMB 26.13 million (approximately HKD 28.7 million). The company's quantity and total contract amount obtained in this bidding ranked at the forefront.
As of the date of this announcement, the company has won contracts with a cumulative value of approximately RMB 0.554 billion (approximately HKD 0.602 billion) in the centralized bidding of State Grid in 2024.