Linyang Energy wins significant Southern Grid equipment contract

Jiangsu Linyang Energy Co., Ltd. has won a contract in the "Southern Grid Company 2025 Metering Equipment First Batch Framework Tender Project," with a winning bid amount of approximately CNY 244,077,600. The company was notified of its success in this tender on September 1, 2025, which includes six categories of products.

The awarded categories include A-grade single-phase smart energy meters, B-grade three-phase smart energy meters, A-grade single-phase smart gateway energy meters, smart measurement terminals, broadband dual-mode communication modules, and smart station area terminals. This contract is expected to positively impact Linyang Energy's operating performance and financial results for both 2025 and 2026.

The transaction counterparty is China Southern Power Grid Co., Ltd. The company emphasizes that while a notification of award has been received, a formal contract has not yet been signed, and delivery times are subject to final agreement, introducing some uncertainty regarding the precise impact on performance.