Wasion Holdings (03393.HK) announced that its subsidiary, Wasion Group, has won a contract for approximately 0.359 million smart meters in the second measurement equipment bidding of the State Grid Corporation of China. The contract is worth about CNY 0.116 billion (approximately HKD 0.127 billion). In addition, its subsidiary, Wasion Information Technology, has also won a contract for approximately 0.018 million data collection terminals and concentrators, with a contract value of about CNY 26.13 million (approximately HKD 28.7 million).

The company has already won contracts worth approximately CNY 0.554 billion from the State Grid Corporation of China through centralized bidding this year.