Chuangyuan Technology (000551.SZ) subsidiary is expected to win the bid for a 1.74 billion yuan project related to the State Grid.

Zhijing Financial APP news, Chuangyuan Technology (000551.SZ) announced that on June 8, 2026, State Grid Corporation of China ("State Grid") released the "Notice of the Recommended Bid Candidates for the Second Material Public Bidding and Procurement of Special High Voltage Projects in 2026 by State Grid Corporation of China" through its e-commerce platform. The company's controlling subsidiary, Suzhou Electrical Porcelain Factory Co., Ltd. ("Suzhou Electrical Porcelain"), is recommended as the bid candidate, with a pre-bid amount of 174 million yuan (including tax), accounting for 3.64% of the company's operating income in 2025.