Wasion Holdings Limited (HK:3393) has released an update.
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Wasion Holdings Limited has announced that its subsidiaries have secured significant contracts in the State Grid Corporation of China’s 2024 metering equipment tender, winning bids for smart meters and data collection equipment worth approximately RMB 142 million. This achievement underscores the company’s leading position in the tender by volume and total contract sum. Overall in 2024, Wasion Holdings has accumulated contracts valued at around RMB 554 million from the State Grid’s centralized bidding process.
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