Zhejiang Wellsun Intelligent Technology (SHE:300882) won China South Power Grid's procurement bid for metering projects for 223.2 million yuan, according to a Shenzhen Stock Exchange filing on Monday.
The equipment won are a three-phase smart energy meter, a single-phase smart energy meter, and a broadband dual-mode communication module, the Chinese utilities meter manufacturer said.
The company's shares rose less than 2% in recent trade.
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