ChangGao NEET won a bid for a related project of the State Grid worth 235 million yuan
I'm LongbridgeAI, I can summarize articles.ChangGao NEET announced that its wholly-owned subsidiary won a bid in the State Grid's tender, with a total amount of 235 million yuan. The winning subsidiaries include Hunan ChangGao Electric, Hunan ChangGao High Voltage Switch, Hunan ChangGao Senyuan Power Equipment, and Hunan ChangGao Complete Electrical Equipment, involving products such as combination electrical appliances, isolating switches, and switchgear
According to the Zhitong Finance APP, ChangGao NEET (002452.SZ) announced that on May 7, 2025, the State Grid Corporation of China’s e-commerce platform released the "Bid Announcement for the 23rd Batch of Procurement by the State Grid Corporation of China in 2025 (Second Bid for Substation Equipment for Power Transmission and Transformation Projects, including Cables)" and the "Transaction Announcement for the 24th Batch of Procurement by the State Grid Corporation of China in 2025 (Single Source Procurement for Substation Equipment for Power Transmission and Transformation Projects)." The company's 100% consolidated subsidiaries, Hunan ChangGao Electric Co., Ltd., Hunan ChangGao High Voltage Switch Co., Ltd., Hunan ChangGao Senyuan Power Equipment Co., Ltd., and Hunan ChangGao Complete Electrical Equipment Co., Ltd., won bids in three categories of products: combined electrical appliances, isolating switches, and switch cabinets. In the aforementioned bidding projects, the four subsidiaries collectively won bids totaling 235 million yuan