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Hongsheng Huayuan (601096.SH): Expected to win the bid for a 0.898 billion yuan project of Southern Power Grid.
On August 7th, Gelonghui announced that in the first batch of framework tender projects for main network line materials in 2024 of Southern Power Grid Company, the subsidiary of Hongshenghuayuan Iron Tower Group Co., Ltd. won the bid with approximately 849 million yuan for 35kV-220kV substation steel structure, 500kV AC angle steel tower, 35kV-220kV AC angle steel tower, 500kV AC steel tube tower, 35kV-220kV AC steel tube tower, and 35kV-220kV steel pole. This is an achievement of great significance. The first batch of framework for distribution network materials of the Southern Power Grid Company in 2024.
Is Hsino Tower Group Co., Ltd.'s (SHSE:601096) Stock Price Struggling As A Result Of Its Mixed Financials?
Hongsheng Huayuan (601096.SH): The main products are transmission line iron towers of all voltage levels.
Hongshenghuayuan (601096.SH) recently stated during a reception for institutional investors that the company's main products are transmission line towers of the full range of voltage levels, including angle steel towers, steel pipe towers, steel pipe poles, and transformer substation brackets. The company also produces a small amount of steel structures such as communication towers and construction machinery steel components. In addition, in 2023, the company achieved breakthroughs in new business areas such as cold towers in power plant steel structures and spiral anchors for iron towers.
Hongsheng Huayuan (601096.SH): Pre-won a bid for a National Grid-related project worth 1.107 billion yuan.
On July 5th, GeLong Hui reported that in the 43rd batch of power transmission and transformation project equipment material bids for National Grid Company in 2024, a subsidiary of Hongshenghuayuan Tower Group Co., Ltd. won the bids for packages 13, 21, 24, 26, 29, 34, 39, 40, 49, 60, 66, 71, 80, 82, 83, 95, 96, 99, 130, 168, 169, 175, 181, 185, and 186.
Hongsheng Huayuan (601096.SH) plans to distribute 0.014 yuan per share for the year 2023, with ex-rights and ex-dividend on July 8th.
Hongsheng Huayuan (601096.SH) announced that the company plans to distribute a cash dividend of 0.014 per share for the 2023 fiscal year.
Hsino Tower Group Co., Ltd.'s (SHSE:601096) Market Cap Dropped CN¥803m Last Week; Private Companies Bore the Brunt
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