Wanma Technology announced that it recently received “Notice of Winning Bid” from the State Grid Henan, Shandong and Inner Mongolia Eastern Electric Power Company, with a total bid amount of 599.434 million yuan. As of the announcement disclosure date, in 2025, the company won a total of 81.2742 million yuan in bids for the State Grid ring box project, accounting for 14.49% of the total revenue of the most recent audited main business. The winning project is the company's new product layout. If a formal contract is signed and delivered, it will enhance performance and product competitiveness. However, no procurement contract was signed for the project, the terms of the agreement were uncertain, and the contract amount was less than estimated during the execution process.

Wanma Technology announced that it recently received “Notice of Winning Bid” from the State Grid Henan, Shandong and Inner Mongolia Eastern Electric Power Company, with a total bid amount of 599.434 million yuan. As of the announcement disclosure date, in 2025, the company won a total of 81.2742 million yuan in bids for the State Grid ring box project, accounting for 14.49% of the total revenue of the most recent audited main business. The winning project is the company's new product layout. If a formal contract is signed and delivered, it will enhance performance and product competitiveness. However, no procurement contract was signed for the project, the terms of the agreement were uncertain, and the contract amount was less than estimated during the execution process.