WASION HOLDINGS(03393.HK): Subsidiary Secures Recloser Supply Contract Worth Approximately RMB145 Million in Brazil

NewTimeSpace News: WASION HOLDINGS(03393.HK) released a voluntary announcement on 6 August 2026. WASION ENERGIA DO BRASIL LTDA, the Brazilian subsidiary established by the Company’s subsidiary Weiyuan Energy Technology Co., Ltd., was awarded a recloser supply contract by Equatorial Energia in August 2026. The total contract value is around BRL110 million, equivalent to RMB145 million and HK$168 million.

Equatorial Energia ranks among Brazil’s largest integrated infrastructure and comprehensive energy groups, and also represents a highly‑representative integrated utility player in Latin American capital markets. It holds a pivotal position across multiple sectors including power distribution, power transmission, renewable‑energy power generation, energy trading, water supply and sanitation services in Brazil. The recloser serves as a core product within the Group’s smart‑grid solution suite, designed to enhance distribution‑network automation and power‑supply reliability.

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