WASION HOLDINGS (03393.HK) units win State Grid tender worth RMB241m
NewTimeSpace News: On 2 November 2026, Wasion Holdings Limited (WASION HOLDINGS, 03393.HK) disclosed that State Grid Corporation of China announced the results of its second equipment tender in 2026 on 29 October 2026, with the company's subsidiaries winning multiple lots and ranking among the top in total contract value.
Subsidiary Wasion Group Limited won contracts for about 859,000 smart meters and metering current and voltage transformers, worth about RMB185.75 million (about HK$218.76 million); subsidiary Wasion Information Technology Co., Ltd. won contracts for about 25,000 intelligent fusion terminals and special transformer collection terminals, worth about RMB55.61 million (about HK$65.49 million). The two combined amount to about RMB241 million.
As of the announcement date, the company had won cumulative State Grid centralised tender contracts worth about RMB624.28 million (about HK$721.9 million) in 2026.
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