Zhejiang Wellsun Intelligent Technology announced that the company has received the bid notification from the bidding agency of China Southern Power Grid Co., Ltd., Southern Power Grid Supply Chain Group Co., Ltd., confirming the company as the winning bidder for the second batch of framework bidding projects for metering products in 2024. The total bid amount is 0.223 billion yuan, accounting for approximately 19.94% of the company's audited revenue for 2023. Once a formal contract is signed for the winning project and implemented smoothly, it is expected to have a positive impact on the company's future operating performance and will not affect the company's operational independence.