<p>According to the Zhitong Finance APP, Wecome (603070.SH) announced that on June 16 and June 17, 2025, the State Grid Corporation of China’s e-commerce platform released the &#34;Announcement of the Recommended Bidders and Rejection Matters for the First Joint Procurement of Integrated Ring Network Box Agreement Inventory in the East China Region by the State Grid Corporation of China in 2025&#34; and the &#34;Announcement of the Recommended Bidders and Rejection Reasons for the Second Public Bidding Procurement of Material Agreement Inventory by State Grid Fujian Electric Power Co., Ltd.&#34; The company's wholly-owned subsidiary, Moju Electric Co., Ltd. (hereinafter referred to as &#34;Moju Electric&#34;), is one of the recommended bidders. According to the announcement information, Moju Electric is expected to win a total bid amount of 12.1708 million yuan, accounting for approximately 0.60% of the company's operating income for the year 2024</p>

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<p>Wecome announced that its wholly-owned subsidiary Moju Electric Co., Ltd. has been recommended as the bid candidate for a project related to the State Grid, with an expected bid amount of 12.1708 million yuan, accounting for 0.60% of the company's operating income for the year 2024</p>

Wecome is expected to win bids totaling 12.17 million yuan for projects related to State Grid