Linyang Energy won a bid for a procurement project from Southern Power Grid worth approximately 244 million yuan
I'm LongbridgeAI, I can summarize articles.Linyang Energy won the bid for the 2025 metering equipment framework tender project from China Southern Power Grid, with an amount of approximately 244 million yuan. The company has become one of the successful bidders, involving 6 categories. The winning contract is expected to have a positive impact on the operating performance in 2025 and 2026, but will not affect the independence of the company's business
According to the Zhitong Finance APP, Linyang Energy (601222.SH) announced that the company participated in the "First Batch Framework Tender Project for Metering Equipment of China Southern Power Grid Company in 2025 (Tender No.: CG2700022002051852)." On September 1, 2025, China Southern Power Grid Company announced the "Bid Results for the First Batch Framework Tender Project for Metering Equipment of China Southern Power Grid Company in 2025" on the unified service platform of the China Southern Power Grid supply chain. The company recently received the bid notification from the bidding agency, China Southern Power Grid Supply Chain Group Co., Ltd., and became one of the bidders for the above project, winning 6 categories with a bid amount of approximately 244 million yuan.
The bid amount of approximately 244 million yuan is expected to have a positive impact on the company's operations and performance in 2025 and 2026, but it will not affect the independence of the company's business and operations