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Hongsheng Huayuan: Pre-awarded a State Grid project worth 745 million yuan, representing 7.78% of 2025 revenue

2026-07-24 01:27:38

Hongsheng Huayuan announced that one of its subsidiaries has become the shortlisted candidate for State Grid Corporation of China’s 2026 ultra-high-voltage projects— the third round of materials, the third round of installation and materials for transmission and transformation projects, and the third round of equipment for ultra-high-voltage projects— in the public tender procurement. A total of 32 bid packages are preliminarily won, with a total preliminary winning amount of approximately RMB 745 million, representing about 7.78% of the company’s audited operating revenue for 2025. The projects are currently in the bid evaluation results publicity stage, and the company has not yet received the notice of award.

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