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China Xidian announced that on July 21, the State Grid e-commerce platform announced the winning bid announcement. The company's 14 subsidiaries were the relevant winners, with a total bid amount of about 4.129 billion yuan, including 2,632 billion yuan for UHV projects and 1,497 billion yuan for power transmission and transformation projects. The company's 2025 revenue was 23.756 billion yuan. The relevant projects will have a positive impact on the company's future operations after signing, but no formal contract has been signed yet, and the terms of the contract, delivery time, and impact on current results are uncertain.
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China Xidian announced that on July 21, the State Grid e-commerce platform announced the winning bid announcement. The company's 14 subsidiaries were the relevant winners, with a total bid amount of about 4.129 billion yuan, including 2,632 billion yuan for UHV projects and 1,497 billion yuan for power transmission and transformation projects. The company's 2025 revenue was 23.756 billion yuan. The relevant projects will have a positive impact on the company's future operations after signing, but no formal contract has been signed yet, and the terms of the contract, delivery time, and impact on current results are uncertain.
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