Wasion Holdings Secures Major Contracts in State Grid Tender

An announcement from Wasion Holdings Limited ( (HK:3393) ) is now available.

Wasion Holdings Limited announced that its subsidiary, Wasion Group Limited, has won significant contracts in the State Grid Corporation of China’s first tender for 2025, securing orders for 786,000 smart meters and other equipment valued at approximately RMB185.71 million. Additionally, another subsidiary, Willfar Information Technology Company Limited, secured contracts for special transformer data collection terminals worth RMB46.83 million. The company emerged as the top contractor in terms of total contract value in this tender, highlighting its strong market position and potential positive impact on its operations and stakeholder interests.

More about Wasion Holdings Limited

Wasion Holdings Limited operates in the smart metering industry, providing products such as smart meters and metering current and voltage transformers. The company focuses on the Chinese market, particularly in supplying equipment to the State Grid Corporation of China.

Average Trading Volume: 2,026,996

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.19B

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