The Zhitong Finance App learned that Weisheng Holdings (03393) rose more than 3%. As of press release, it had risen 2.63% to HK$10.94, with a turnover of HK$26.308 million.

According to the news, on November 2, Weisheng Holdings issued an announcement. On October 29, 2026, the State Grid Corporation (State Grid) announced the results of the second equipment tender procurement in 2026. Among them, Weisheng Group Co., Ltd., a subsidiary of the company, won contracts for about 859,000 smart meters and current and voltage transformers, with a contract value of approximately RMB 185.75 million (approximately HK$219 million). In addition, Weisheng Information Technology Co., Ltd., a subsidiary of the Company, has also won contracts for approximately 25,000 smart fusion terminals and dedicated acquisition terminals, with a contract value of approximately RMB 55.61 million (approximately HK$65.49 million). The total amount of contracts obtained by the company in this tender is among the highest.

As of the publication date of this announcement, the Company has obtained contracts with a cumulative value of approximately RMB 624 million (approximately HK$721.9 million) from the State Grid Centralized Bidding within 2026.

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