Dalian Insulator's subsidiary is expected to win a bid for a State Grid project worth approximately 67 million yuan

Dalian Insulator's wholly-owned subsidiary, Dalian Insulator Group Transmission and Transformation Materials Co., Ltd., has been recommended as a candidate for the bid winner of the State Grid project, with a pre-bid amount of approximately 67 million yuan. This project involves the procurement of transmission and transformation equipment and materials for the 33rd and 43rd batches in 2025

According to the Zhitong Finance APP, Dalian Insulator (002606.SZ) announced that State Grid Corporation of China released the "Announcement of Recommended Bidders for the 33rd Batch of Procurement in 2025 (Third Bid for Transmission and Transformation Project Line Installation Materials)" and "Announcement of Recommended Bidders for the 43rd Batch of Procurement in 2025 (Third Bid for Substation Equipment (including cables) for Transmission and Transformation Project)." The company's wholly-owned subsidiary, Dalian Insulator Group Transmission and Transformation Materials Co., Ltd. (referred to as "Dacai Materials"), is a recommended bidder, with a pre-bid amount totaling approximately 67 million yuan