Willfar(SH:688100) Zheng Quan Zhi Xing·2025-07-01 16:07Group 1 - The company won a bid for a project with China Southern Power Grid Co., Ltd. for the 2025 digital substation, digital transmission, and smart distribution series sensor terminals, with a bid amount of 27.4972 million RMB [1][2] - The bid amount represents 1.00% of the company's audited total revenue for the fiscal year 2024 [1] - The project involves various components, including a fire monitoring device for overhead transmission lines and a micro intelligent current sensing module, with specific amounts allocated for each component [1] Group 2 - The counterpart in the project is primarily owned by the State-owned Assets Supervision and Administration Commission, with significant stakes held by Guangdong Hengjian Investment Holding Co., Ltd., China Life Insurance (Group) Company, and Hainan Development Holdings Co., Ltd. [1] - The company maintains business independence as there are no related party relationships with the counterpart [2]