JGGF and its wholly-owned subsidiary won a total of approximately 258 million yuan in projects
JGGF and its wholly-owned subsidiary Nanjing Nengrui Electric Power Technology Co., Ltd. have recently won multiple bids, with a total amount of approximately 258 million yuan. These projects include related projects from the State Grid and its subsidiaries, Changchun Metro, and Pinggao Group. Some procurement projects from the State Grid are still within the public announcement period
According to the Zhitong Finance APP, JGGF (300510.SZ) announced that the company and its wholly-owned subsidiary Nanjing Nengrui Power Technology Co., Ltd. (referred to as "Nengrui Power") have recently won bids for projects related to State Grid Corporation of China (referred to as "State Grid") and its subsidiaries, Changchun Metro Co., Ltd. (referred to as "Changchun Metro"), and Pinggao Group Co., Ltd. (referred to as "Pinggao Group"), with a total bid amount of approximately RMB 258 million. Among them, the 23rd batch of procurement by State Grid in 2025 (the second bidding procurement project for substation equipment (including cables) for power transmission and transformation projects and the first public bidding procurement project for distribution network materials of State Grid Tianjin Electric Power Company in 2025 is still in the public announcement period
