Hsino Tower Group (601096.SH) subsidiary is expected to win a bid for the Southern Power Grid project worth about 975 million yuan.

Hongsheng Huayuan (601096.SH) announced that in the second batch of special bidding projects for DC equipment and line materials for the Tibet-Southeast to Guangdong-Hong Kong-Macao Greater Bay Area 800 kV HVDC transmission project, the company's subsidiary is expected to win bids for angle steel tower package 1, package 2, package 3, package 5, package 6, package 9, and package 17, as well as steel pipe tower package 3 and package 6. The total expected bid amount for the mentioned projects is approximately 975 million yuan, accounting for about 9.61% of Hongsheng Huayuan's audited operating income for 2024.