WASION HOLDINGS (03393): Subsidiary Wasion Group wins contracts for approximately 859,000 smart electricity meters and current and voltage transformers for metering

WASION HOLDINGS (03393) announced that on October 29, 2026, State Grid Corporation of China (State Grid) announced the results of its second equipment tender procurement for 2026, in which the Company's subsidiary Wasion Group Limited won contracts for approximately 859,000 smart electricity meters and current and voltage transformers for metering, with a contract value of approximately RMB185.75 million (approximately HK$219 million). In addition, the Company's subsidiary Willfar Information Technology Co., Ltd. also won contracts for approximately 25,000 smart integrated terminals and dedicated transformer acquisition terminals, with a contract value of approximately RMB55.61 million (approximately HK$65.49 million). The Company ranked among the top in terms of total contract value awarded in this tender. As of the date of this announcement, the Company has won contracts with a cumulative value of approximately RMB624 million (approximately HK$721.9 million) from State Grid's centralized tenders in 2026.