Jianan Electronics released its performance for the first three quarters, with a net profit attributable to the parent company of 68.2502 million yuan, a decrease of 60.39%

Jianan Electronics released its Q3 2025 report, with operating revenue for the first three quarters amounting to 510 million yuan, a year-on-year decrease of 34.92%. The net profit attributable to the parent company was 68.2502 million yuan, a year-on-year decline of 60.39%. The net profit after deducting non-recurring gains and losses was 60.6793 million yuan, a year-on-year decrease of 63.65%. The basic earnings per share were 0.3498 yuan

Jianan Electronics won the bid for a related project of the State Grid worth 73.1221 million yuan

Jianan Electronics won a bid for a project related to the State Grid worth 73.1221 million yuan, involving Class A single-phase smart electric meters, Class B three-phase smart electric meters, Class C three-phase smart electric meters, and dedicated transformer collection terminals. The bid notification was received on September 23, 2025, and the contract will be signed within 30 days, with the performance period subject to the final contract

Jianan Electronics is expected to win a bid for approximately 73.1221 million yuan in a State Grid procurement project

Jianan Electronics announced that it has been pre-selected for the State Grid procurement project, with an amount of approximately 73.1221 million yuan, involving 6 bidding packages, including various smart electric meters and dedicated transformer collection terminals. The project amount accounts for 7.23% of the company's audited main business revenue for the year 2024

The A-share power grid equipment sector experienced a surge, with WISCOM hitting the daily limit, Jianan Electronics, SMARTGEN, HUATONG WIRES & CABLES GROUP, Hangzhou Kelin, and Pano Technology following suit

Jianan Electronics established its own capital investment company

According to the Qichacha APP, recently, Zhejiang Jiachang Self-Funded Investment Co., Ltd. was established with a registered capital of 50 million yuan. Its business scope includes: engaging in investment activities with self-owned funds; asset management services for self-owned funds; enterprise management; enterprise management consulting; and social economic consulting services. Qichacha's equity penetration shows that the company is wholly owned by Jianan Electronics