Group 1 - The core point of the article is that Baiyun Electric (603861) announced its selection as a candidate for winning bids in nine sub-projects for the State Grid Corporation of China, with a total bid amount of 162 million yuan, which accounts for 3.25% of the company's projected revenue for 2024 [1] Group 2 - The winning bid is part of the 60th batch of procurement for 2025, specifically for the fourth round of bidding for substation equipment (including cables) [1] - The total bid amount of 162 million yuan indicates a significant opportunity for the company in the upcoming fiscal year [1] - The announcement reflects the company's ongoing involvement in major infrastructure projects, which may enhance its market position [1]

证券代码：603861 证券简称：白云电器 公告编号：2025-089 广州白云电器设备股份有限公司 | | | | | | 有限公司 | | | --- | --- | --- | --- | --- | --- | --- | | SG2507-100 | | | 国网宁夏电力有限公 | 互感 | 桂林电力电 | | | | 包 | 2 | 司,国网新疆电力有 | | 容器有限责 | 1,591.34 | | 5-11001 | | | 限公司 | 器 | 任公司 | | | SG2507-100 | | | 国网江西省电力有限 公司,国网湖南省电 | 互感 | 桂林电力电 | | | | 包 | 9 | | | 容器有限责 | 1,339.76 | | 5-11001 | | | 力有限公司,国网重 | 器 | 任公司 | | | | | | 庆市电力公司 | | | | | | | | 国网山西省电力有限 | | | | | | | | 公司,西藏电力有限 公司,国网冀北电力 | | 桂林电力电 | | | SG2507-101 | 包 | 7 | 有限公司,国网河北 | 电容 | 容器有限责 | 1 ...

Group 1 - The core point of the article is that Baiyun Electric (603861.SH) and its subsidiary Guilin Capacitor have been recommended as candidates for winning bids in the State Grid Corporation of China's 2025 procurement for substation equipment, with a total bid amount of 162 million yuan [1] Group 2 - Baiyun Electric is involved in the procurement process for nine sub-projects under the State Grid Corporation's 2025 sixth batch procurement [1] - The announcement highlights the company's successful positioning in a significant government procurement initiative, indicating potential growth opportunities [1] - The total bid amount of 162 million yuan reflects the scale of the projects and the company's involvement in the energy sector [1]

Group 1 - The core point of the article is that Baiyun Electric (603861) and its subsidiary Guilin Capacitor have been recommended as candidates for winning bids in the State Grid Corporation of China's procurement for the 2025 sixth batch of projects, specifically for the fourth round of bidding for transformer equipment (including cables) [1] - The total bid amount for the projects in which the company is a candidate is 162 million yuan [1]

Core Viewpoint - Baiyun Electric (603861.SH) has been recommended as a candidate for multiple projects in the State Grid Corporation of China’s procurement, indicating a significant opportunity for revenue growth in the upcoming fiscal year [1] Summary by Category Company Developments - Baiyun Electric and its subsidiary Guilin Capacitor have been recommended as candidates for nine sub-projects in the State Grid Corporation's 2025 procurement [1] - The total bid amount for these projects is 161.8021 million yuan, which is approximately 3.25% of the company's audited revenue for 2024 [1]

Group 1 - Baiyun Electric (SH 603861) announced on September 22 that it has been recommended as a winning candidate for nine sub-projects in the State Grid Corporation of China's 2025 procurement, with a total bid amount of approximately 162 million yuan [1] - For the year 2024, Baiyun Electric's revenue composition is as follows: 99.02% from the electrical machinery and equipment manufacturing industry, and 0.98% from other businesses [1] - As of the report date, Baiyun Electric has a market capitalization of 5.8 billion yuan [1]

Core Viewpoint - Guangzhou Baiyun Electric Equipment Co., Ltd. and its subsidiary Guilin Power Capacitor Co., Ltd. are set to win a bid from State Grid Corporation of China for the supply of equipment related to the 2025 sixth batch procurement, with a bid amount of approximately 162 million yuan [1] Group 1 - The project includes the supply of switchgear, switch cabinets, current transformers, capacitors, and other equipment for power transmission and transformation projects [1] - The expected bid date is September 19, 2025 [1]

Core Viewpoint - The company, along with its subsidiary Guilin Capacitor, has won multiple bids in the State Grid's 2025 procurement project, indicating a significant business opportunity and potential revenue growth [1] Group 1: Bid Details - The company won a total of 9 sub-bids in the State Grid's 2025 sixth batch procurement project [1] - The total bid amount is 162 million yuan, which includes various electrical equipment such as switchgear, transformers, and capacitors [1] - These projects involve multiple provincial power companies, showcasing the company's reach and influence in the industry [1] Group 2: Financial Impact - The total bid amount represents 3.25% of the company's audited revenue for 2024 [1] - Although formal contracts have not yet been signed, successful execution of these contracts is expected to positively impact the company's operations and performance [1]

Group 1 - The company participated in the 2025 Guangdong Investor Online Reception Day on September 19, 2025, to interact with investors and address their concerns [1][2] - Key executives, including the chairman and general manager, attended the event to discuss various topics related to the company's operations and future plans [2] Group 2 - The company has products applicable to the upgrade of power supply facilities in new urbanization projects, and it is actively exploring opportunities in this area [2] - The company is increasing its focus on the data center business, providing various products for major projects, including those for China Unicom and the Foshan Kepler Data Center [2][3] - The company has made progress in expanding overseas energy storage projects, with its digital energy products sold to 54 countries and regions [3] Group 3 - The company is committed to aligning executive compensation with performance metrics to enhance motivation and creativity among management [3] - The company is entering the energy storage sector by leveraging its strengths in equipment, with plans to expand its product line [3][4] - The company aims to improve its gross and net profit margins through innovation and cost-reduction measures [4] Group 4 - The company is focused on capturing opportunities in the new power system development, emphasizing innovation and market penetration in key areas such as smart grids and renewable energy [4] - The company reported a negative operating cash flow of 527 million yuan in the first half of 2025, primarily due to increased inventory and procurement payments, with plans to improve cash flow in the second half [4]

证券代码:603861 证券简称:白云电器 公告编号:2025-088 广州白云电器设备股份有限公司 关于参加广东辖区 2025 年投资者 网上集体接待日活动情况的公告 二、本次活动投资者提出的主要问题及公司的回复情况 1、董事长 您好，请问贵公司的产品可不可以应用在新型城镇化建设、城 中村或老旧小区的供电设施的升级改造中？贵公司是否有计划参与这些供电设 施的升级改造？谢谢！ 回复：尊敬的投资者，您好！公司有相关的开关设备、电容器及变压器等产 品，可以应用在新型城镇化建设、城中村或老旧小区的供电设施的升级改造中， 公司一直密切关注及开拓配电网的升级改造业务。感谢关注！ 2、公司对数据中心业务的倾斜力度会增加么？ 回复：尊敬的投资者，您好！近年来，以"东数西算"工程为标志的国家级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 广州白云电器设备股份有限公司（以下简称"公司"）于 2025 年 9 月 19 日 （星期五）15:30-17:00 参加由广东证监局、广东上市公司协会联合举办的"向 新提质 价值领航——2025 ...