Wasion clinches RMB 207.82 million smart-meter contract, tops State Grid’s 2026 tender with RMB 382.91 million total wins

Bulletin Express05-07

Wasion Holdings Limited has emerged as the largest winner in State Grid Corporation of China’s first metering-equipment tender for 2026, announced on 30 April 2026.

Wasion Group Limited, a core subsidiary, secured agreements for about 827,000 smart meters and related current and voltage transformers worth RMB 207.82 million (HK$238.33 million). In parallel, fellow subsidiary Willfar Information Technology Company Limited obtained contracts for roughly 24,000 intelligent fusion terminals and special transformer data-collection terminals valued at RMB 77.44 million (HK$88.81 million).

The combined RMB 285.26 million (HK$327.14 million) from these awards places Wasion first by contract value in the latest tender round. Cumulatively, the company’s wins in State Grid’s 2026 centralized bidding now total approximately RMB 382.91 million (HK$437.64 million).

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