Weisheng Holdings (03393) rose nearly 6% again, with a cumulative increase of nearly 70% during the year. As of press release, it rose 5.62% to HK$6.58, with a turnover of HK$11.152,600.
The Zhitong Finance App learned that Weisheng Holdings (03393) rose by nearly 6%, with a cumulative increase of nearly 70% during the year. As of press release, it rose 5.62% to HK$6.58, with a turnover of HK$11.152,600.
According to the news, Weisheng Holdings previously announced that on April 7, the State Grid announced the results of the first bidding and procurement of metering equipment in 2024. Among them, the subsidiary Weisheng Group won contracts for about 899,000 smart meters, with a contract value of about 306 million yuan. At the same time, the subsidiary Weisheng Information Technology also won contracts for about 56,000 data collection terminals and concentrators, with a contract value of about 106 million yuan. The company won contracts with a cumulative value of about 412 million yuan in centralized tenders from the State Grid during the year.
CITIC Construction Investment believes that the future catalytic points of the power equipment industry are expected to be mainly concentrated in the two major fields of networking and overseas. On the internal side of the network, the 2024 bidding pace for the Guo/South Network is clear, and centralized bidding is progressing steadily. The number of tenders for the main core equipment of the State Grid and the South Grid was stable year-on-year; the State Grid added a batch of tenders for electric energy meters, and the South Grid increased the procurement types of intelligent power distribution gateways, etc. It is expected that the tender scale, product structure, bid winning pattern, and penetration rate of new technology for projects such as UHV, power transmission and transformation, electric energy meters, and main network primary and secondary equipment will have a great impact on the market.