Zhitong Finance App News, Baiyun Electric (603861.SH) issued an announcement. Recently, State Grid Co., Ltd. published on its e-commerce platform the “2026 Third Substation Equipment (Including Cable) Public Bidding Recommendation Notice”, “2026 Third Substation Equipment Direct Procurement (Single Source) Recommended Transaction Candidate Notice”, and “2026 UHV Project Third Equipment Public Tender and Procurement Recommendation Notice”, the company and its holding subsidiary Guilin Power Capacitor Co., Ltd. In addition, the wholly-owned subsidiary Zhejiang Baiyun Zhebian Electric Equipment Co., Ltd. recommended the winning candidate for the above related projects. The total bid amount was about 243 million yuan, accounting for 4.94% of the company's audited revenue in 2025.

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