Wasion Holdings Secures RMB 383 Million in Cumulative Contracts from State Grid Centralized Tenders in 2026

Stock News05-07

Wasion Holdings announced that on April 30, 2026, the State Grid Corporation released the results of its first tender for metering equipment in 2026. The company's subsidiary, Wasion Group Co., Ltd., secured a contract for approximately 827,000 smart electricity meters and metering current and voltage transformers, valued at around RMB 208 million. Additionally, another subsidiary, Wasion Information Technology Co., Ltd., won contracts for about 24,000 smart fusion terminals and dedicated transformer acquisition terminals, with a total value of approximately RMB 77.44 million. The company ranked first in total contract value awarded in this tender. As of the announcement date, Wasion Holdings has secured cumulative contracts worth about RMB 383 million from State Grid centralized tenders in 2026.

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