Changgao Electric (002452.SZ) subsidiary won a total bid of 230 million yuan for the National Grid project

Zhitong Finance App News, Changgao Electric (002452.SZ) issued an announcement. On November 3, 2026, the State Grid Corporation e-commerce platform issued the “State Grid Co., Ltd. 2026 Transmission and Transformation Project Fifth Public Bidding and Procurement Notice” and “State Grid Co., Ltd. 2026 Transmission and Transformation Project Fifth Substation Equipment Direct Purchase (Single Source) Transaction Notice”. The company's wholly-owned subsidiaries Hunan Changgao Electric Co., Ltd., Hunan Changgao High Voltage Switch Co., Ltd., Hunan Changgao Complete Electric Appliance Co., Ltd., and Hunan Changgao Senyuan Electric Power Equipment Co., Ltd. each won the bid for three types of products: combined electrical appliances, isolators, and switch cabinets. In the above tender project, the four subsidiaries won a total of about 230 million yuan in bids.

This time, the four subsidiaries won the total bid amount of 230 million yuan (tax included), accounting for 13.84% of the company's consolidated audited revenue in 2025. After the formal contract is signed, the execution of the contract is expected to have a positive impact on the company's operating performance in 2027 and beyond, and will not affect the company's independence.