Dalian Insulator's subsidiary is expected to win a bid for a State Grid project worth approximately 71 million yuan

Dalian Insulator's wholly-owned subsidiary, Daci Materials, has been recommended as a candidate for the winning bid in the State Grid's 2025 13th and 14th procurement projects, with a pre-bid amount of approximately 71 million yuan

According to the Zhitong Finance APP, Dalian Insulator (002606.SZ) announced that on April 30, 2025, State Grid Corporation of China published the "Announcement of Recommended Bidders for the 13th Batch of Procurement by State Grid Corporation of China in 2025 (Second Bidding for Transmission and Transformation Project Line Installation Materials)" and the "Announcement of Recommended Bidders for the 14th Batch of Procurement by State Grid Corporation of China in 2025 (First Bidding for 35-330 kV Materials Agreement Inventory)". The company's wholly-owned subsidiary, Dalian Insulator Group Transmission and Transformation Materials Co., Ltd. (referred to as "Daci Materials"), is the recommended bidder. According to the above announcements, the total pre-bid amount for Daci Materials is approximately 71 million yuan