Gelonghui, November 27, 丨 Xinlian Electronics (002546.SZ) announced that on November 26, 2024, China Grid Co., Ltd. announced the “Announcement of Successful Candidates Recommended for the 81st Batch of Procurement by State Grid Co., Ltd. in 2024 (Third Measurement Equipment Bidding and Procurement for Marketing Projects)”. The company was one of the successful candidates, with a total of 4 packages. The total bid amount is estimated to be about RMB 64.845 million.
According to the announcement, the company was the winning candidate for package 12 and package 63 of the SG2430-1108-23005 “concentrator and collector”, and package 18 and package 41 of the SG2430-1108-23006 “ad hoc acquisition terminal”.
The company expects to win the total bid amount of about 64.845 million yuan, accounting for 10.48% of the company's revenue in 2023. After winning the bid for the project, the execution of the contract will have a positive impact on the company's operating performance, but will not affect the company's operational independence.