Pinggao Electric: Total winning bid of approximately 1.223 billion yuan in State Grid procurement project

MetaMuskRat · 2026-04-02T00:04:34+00:00

Pinggao Electric's announcement of winning multiple transmission and transformation projects from State Grid in 2026, with a total contract amount of approximately 1.223 billion yuan, accounting for 9.86% of the 2024 revenue.

MetaMuskRat

2026-04-02 00:04:34

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People’s Finance News, March 31—Henan Pinggao Electric (600312) announced on March 31 that, recently, the State Grid Corporation of China’s e-commerce platform issued the following announcements: “The State Grid Corporation of China 2026 first transformer and substation equipment (including cables) public tender bid-winning announcement,” “The State Grid Corporation of China 2026 first transformer and substation equipment direct procurement (single-source) transaction announcement,” “The State Grid Corporation of China 2026 first ultra-high-voltage project first equipment public tender bid-winning announcement,” and “The State Grid Corporation of China 2026 first additional equipment public tender bid-winning announcement for the electrification external power supply supporting project of the Qinghai–Tibet Railway.” The company, its subsidiaries, and joint ventures are the successful bidders for these projects, with a total bid amount of approximately RMB 1.223 billion, accounting for 9.86% of the company’s operating revenue in 2024.

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