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Wasion Holdings Limited ( (HK:3393) ) just unveiled an announcement.
Wasion Holdings Limited announced that its subsidiary, Wasion Group Limited, has secured significant contracts in the State Grid Corporation of China’s 2026 special tender for metering equipment. The group won orders for about 462,000 smart meters with a contract value of roughly RMB97.66 million, ranking in a leading position by total contract sum.
The tender win underlines Wasion’s competitive strength in China’s smart metering market and reinforces its role as a key supplier to the State Grid. The sizable contract volume is expected to support the company’s revenue pipeline and further entrench its positioning in the domestic power infrastructure and smart grid sector.
The most recent analyst rating on (HK:3393) stock is a Buy with a HK$28.00 price target. To see the full list of analyst forecasts on Wasion Holdings Limited stock, see the HK:3393 Stock Forecast page.
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 equipment industry. Through its subsidiaries, including Wasion Group Limited, the company focuses on supplying smart meters and related metering solutions, with a key market presence in mainland China’s power grid sector.
Average Trading Volume: 4,554,547
Technical Sentiment Signal: Buy
Current Market Cap: HK$28.88B
For detailed information about 3393 stock, go to TipRanks’ Stock Analysis page.