Baosheng Group (600973.SH) wins a bid of approximately 1.2 billion yuan for the Singapore Power Grid Power Cable Project.
News from the Guotong Finance APP, Baosheng shares (600973.SH) announced that the company has recently won the bid for the Singapore Power Authority's power cable project, with a winning bid amount of approximately 1.2 billion yuan (including taxes). The product category won by the company this time belongs to power cables, and this order is the largest overseas order in terms of single bid amount since the establishment of the company. It will have a positive impact on the company's business performance after the formal contract is fulfilled.
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