Wasion Holdings (03393.HK) subsidiary Wasion Group won contracts for approximately 859,000 smart electricity meters and metering current and voltage transformers

Zhito Finance APP News, Wasion Holdings (03393.HK) 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 metering current and voltage transformers, with a contract value of approximately RMB 185.75 million (approximately HK$219 million). In addition, the Company's subsidiary Wasion 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 RMB 55.61 million (approximately HK$65.49 million). The Company ranked among the top in terms of total contract value awarded in this tender.