Linyang Energy secures key pre-bid wins with State Grid

Jiangsu Linyang Energy Co., Ltd. (SSE:601222) has announced that it has pre-won bids for seven packages in State Grid Corporation of China's 2025 thirty-first batch of procurement (first measurement equipment bidding for marketing projects). The pre-winning bids, announced on State Grid's E-commerce Platform, cover a total of 688,200 units of various smart meters and terminal equipment. Specific packages include A, B, C, and D grade smart meters, high-end smart meters, special transformer acquisition terminals, low-voltage current transformers, and 10kV metering devices. The total pre-bid amount is estimated at CNY 165,017,300. While the company awaits the official notification of acceptance from State Grid, Linyang Energy anticipates a positive impact on its 2025 operating results, while also cautioning about potential uncertainties related to the final contract details and delivery schedules.