Wasion Holdings (03393) announced that on November 26, 2024, the State Grid Corporation of China (State Grid)...
According to the Zhitong Finance APP, Wasion Holdings (03393) announced that on November 26, 2024, the State Grid Corporation of China published the results of the third batch of bidding for measuring equipment in 2024. Among them, the company's subsidiary Wasion Group Limited secured contracts for approximately 0.662 million smart meters, with a contract value of about 0.175 billion yuan (approximately 0.188 billion Hong Kong dollars). In addition, the company's subsidiary Willfar Information Technology Co., Ltd. also secured contracts for approximately 0.048 million data collection terminals and concentrators, with a contract value of about 85.92 million yuan (approximately 92.24 million Hong Kong dollars). The quantity and total contract value obtained by the company in this bidding is among the top rankings.
As of the date of this announcement, the company has secured contracts with a cumulative value of approximately 0.815 billion yuan (approximately 0.882 billion Hong Kong dollars) from the centralized bidding of the State Grid in 2024.