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Wasion Wins Over RMB80 Million CPFL Contract in Brazil, Marking Step Up in Global Expansion

Story Highlights
  • Wasion’s Brazilian unit won a CPFL project contract exceeding RMB80 million.
  • The CPFL win highlights Wasion’s growing international brand recognition and global expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wasion Wins Over RMB80 Million CPFL Contract in Brazil, Marking Step Up in Global Expansion

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The latest update is out from Wasion Holdings Limited ( (HK:3393) ).

Wasion Holdings’ Brazilian subsidiary, Wasion da Amazonia Industria de Instrumentos Electronicos SA, has secured a CPFL project contract in Brazil worth more than RMB80 million (approximately HK$88.32 million). CPFL, the country’s second-largest integrated power utility group serving over 10 million customers across the power generation, transmission, distribution and commercialization chain, is a key player in Brazil’s energy sector, and winning this tender underscores growing international recognition of Wasion’s brand and supports its strategic push to deepen its global footprint.

The most recent analyst rating on (HK:3393) stock is a Hold with a HK$18.00 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 is an electrical equipment and solutions provider, with operations that include overseas subsidiaries such as Wasion da Amazonia Industria de Instrumentos Electronicos SA in Brazil. The group focuses on supplying advanced power-related products and services to utility clients and large-scale energy enterprises in international markets.

Average Trading Volume: 2,721,995

Technical Sentiment Signal: Buy

Current Market Cap: HK$16.43B

See more insights into 3393 stock on TipRanks’ Stock Analysis page.

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