Canaan Intelligent: Approximately 63.03 million yuan pre-award for State Grid project

People’s Finance News, March 26 - Canaan Intelligent (300880) announced on March 26 that it has been pre-selected for the public bidding procurement project of metering equipment for the State Grid Corporation of China’s marketing project in 2026. The company has been pre-selected for a total of 2 bidding packages, with the pre-selected products including Class A single-phase smart energy meters and Class B three-phase smart energy meters, totaling a bid amount of approximately 63.0382 million yuan, accounting for about 6.23% of the company’s main business revenue for the fiscal year 2024.

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