Gelonghui, April 10 | Weisheng Holdings (03393.HK) announced that on April 7, 2024, the State Grid announced the results of the first bidding and procurement of measurement equipment in 2024. Among them, Weisheng Group Co., Ltd., a subsidiary of the company, won contracts for about 899,000 smart meters, with a contract value of about RMB 305.94 million. In addition, Weisheng Information Technology Co., Ltd., a subsidiary of the company, also won contracts for approximately 56,000 data collection terminals and concentrators, with a contract value of approximately RMB 106.1.4 billion. The number and total contract amount obtained by the company in this tender are among the highest.
As of the date of publication of the announcement, the company has won contracts with a cumulative value of approximately RMB 412.08 million (approximately HK$445.79 million) from the State Grid centralized tender within 2024.