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Wasion Holdings Limited ( (HK:3393) ) just unveiled an update.
Wasion Holdings has strengthened its role as a key supplier to China’s power sector after subsidiaries Wasion Group and Willfar Information Technology secured major orders from State Grid Corporation of China. The contracts cover hundreds of thousands of smart meters, metering transformers, and intelligent fusion and data collection terminals, underscoring the group’s technological reach in grid modernization.
In State Grid’s first centralized procurement tender for metering equipment in 2026, Wasion Group won contracts for about 827,000 units of smart meters and related transformers worth roughly RMB207.82 million, while Willfar secured around 24,000 intelligent terminals valued at about RMB77.44 million. The company ranked first by total contract value in this round and has so far amassed approximately RMB382.91 million in State Grid tenders for 2026, signaling robust order visibility and reinforcing its competitive position in the utility metering market.
More about Wasion Holdings Limited
Wasion Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the power and energy metering sector. Through subsidiaries including Wasion Group Limited and Willfar Information Technology, it supplies smart meters, metering transformers, and intelligent terminal equipment to major utility customers, with a strong focus on China’s power grid market.
Average Trading Volume: 7,082,445
Technical Sentiment Signal: Buy
Current Market Cap: HK$27.57B
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