Linyang Energy is expected to win a bid for a 142 million yuan State Grid procurement project

Linyang Energy announced that it has been pre-selected for the 53rd procurement project of State Grid Corporation of China in 2025, with an expected bid amount of approximately 142 million yuan. The winning of this project will have a positive impact on the company's operating performance in 2025 and 2026, and the performance of the contract will not affect the company's operational independence

According to the Zhitong Finance APP, Linyang Energy (601222.SH) announced that State Grid Corporation of China published the "Announcement of Recommended Bidding Candidates for the 53rd Batch of Procurement by State Grid Corporation of China in 2025 (Second Bidding for Marketing Project Measurement Equipment)" on the State Grid Corporation of China Electronic Commerce Platform (ECP) on September 19, 2025. The company is a recommended bidding candidate by the evaluation committee of State Grid Corporation of China. Based on the estimated number of pre-bids and pricing calculations, the total amount of the company's bids is expected to be approximately 142 million yuan. The aforementioned bids are expected to have a positive impact on the company's operating performance in 2025 and 2026, and the performance of the contracts will not affect the company's operational independence