Canaan Intelligence: The company is preliminarily awarded the State Grid project with a total bid amount of approximately 63.0382 million yuan.

Canaan Intelligent Announcement: The company is a candidate for the winning bid in the State Grid Corporation of China’s 2026 marketing project for metering equipment in a public tender procurement project. The pre-winning bid products include Class A single-phase smart electric meters and Class B three-phase smart electric meters, with a total bid amount of approximately 63.0382 million yuan, accounting for about 6.23% of the company’s audited main business revenue for the year 2024.

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