Wasion subsidiaries win major China Southern Power Grid contracts

Wasion Holdings Limited has announced that its subsidiaries, Wasion Group Limited and Willfar Information Technology Company Limited, have secured substantial contracts from China Southern Power Grid Co., Ltd. for metering equipment. The announcement follows bidding results from the first framework tender on metering equipment in 2025.

Wasion Group Limited was awarded contracts totaling approximately RMB201.16 million. In parallel, Willfar Information Technology Company Limited secured contracts valued at approximately RMB168.97 million. These combined successes position Wasion Holdings Limited as the top-ranked company in terms of contract amount in this significant framework tender.

The board of directors of Wasion Holdings Limited collectively accepts responsibility for the accuracy of the information disclosed in this voluntary announcement. The current board includes Ji Wei, Kat Chit, Li Hong, Zheng Xiao Ping, Tian Zhongping, Cao Zhao Hui, Chan Cheong Tat, Jiang Xinjian, and Wang Yaonan.