Pinggao Electric (600312.SH) and its subsidiaries have won a total bid of approximately 1.45 billion RMB for State Grid projects.

Intelligent Wealth News APP, Pinggao Electric (600312.SH) announced that according to the "State Grid Corporation of China Limited 2025 43rd batch of procurement (transformer substation project third transformer equipment (including cables) bidding procurement) bid announcement" "State Grid Henan Province Power Company 2025 1st batch of distribution network materials agreement inventory public bidding procurement bid announcement" "State Grid Corporation of China Limited 2025 44th batch of procurement (transformer substation project third transformer equipment single-source procurement) transaction announcement", the company and its subsidiaries are the winning units for the relevant projects, with a total bid amount of approximately 1.45 billion yuan.