Create Technology: Holding Subsidiary Suzhou Electric Ceramics Pre-wins 1.74 Billion Yuan Project of State Grid.

Chuanghai Technology announced that on June 8, 2026, State Grid Corporation of China announced the recommendation of the second open tender for the 2026 UHV project materials procurement. The company's controlling subsidiary Suzhou Porcelain was recommended as the candidate for the bid for Package 3 and Package 5 of porcelain insulators, with a pre-winning bid amount of 174 million yuan, accounting for 3.64% of the company's revenue in 2025. After the three-day public notice period and without any objections, Suzhou Porcelain will sign contracts with various power companies for each package section. However, as of the date of the announcement, the formal notification of winning the bid has not been received, and there is still uncertainty regarding the contract signing.