Jinguang Electric: Wins approximately 39.2074 million yuan in State Grid procurement project

2026-03-26 22:42:03

People’s Financial News, March 25 — Golden Crown Electric (688517) announced on March 25 that recently, the State Grid Corporation of China publicly disclosed the winning candidates for the first substation equipment (including cables) and the first equipment of the 2026 Ultra High Voltage project. The company and its wholly owned subsidiary Nanyang Golden Crown Intelligent Switch Co., Ltd. won four bid packages for surge arresters and switchgear products, with a total bid amount of approximately 39.2074 million yuan, accounting for about 4.75% of the company’s 2025 revenue (unaudited).

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