Dalian Insulator: Estimated winning bid amount of approximately 95.7 million yuan for the Southern Power Grid project

Dalian Insulator announced that its wholly-owned subsidiary, Dalian Insulator Group Transmission and Transformation Material Co., Ltd., has been recommended as the candidate for the winning bid for State Grid Corporation of China's 2025 34th batch procurement - porcelain insulator package 1 and the 2025 49th batch procurement - porcelain insulator package 1, package 3, and composite insulator package 3. According to the announcement, Dalian Insulator is expected to win the bid for over 107,000 porcelain insulators and over 9,800 composite insulators, with a total expected bid amount of approximately 60 million yuan. According to a previous announcement, Dalian Insulator was recommended as the candidate for the winning bid for State Grid Corporation of China's 2025 34th batch procurement - porcelain insulator package 1, with an expected bid for over 107,000 porcelain insulators and an expected bid amount of approximately 35.7 million yuan. The total expected bid amount for Dalian Insulator is approximately 95.7 million yuan, accounting for 6.40% of the company's audited total revenue for 2024