Core Viewpoint - Baiyun Electric has won a bid for the State Grid Corporation of China's power transmission and transformation project, with a total bid amount of 163.5954 million yuan, which represents 3.28% of the company's audited revenue for 2024 [1] Summary by Category Company - Baiyun Electric and its subsidiary, Guilin Electric Capacitor Co., Ltd., are the winning bidders for the State Grid Corporation's 2025 procurement, specifically for the third round of bidding for power transmission and transformation equipment, including cables [1] - The total bid amount of 163.5954 million yuan is significant, accounting for 3.28% of Baiyun Electric's projected audited revenue for 2024 [1] - There is currently no formal business contract signed, indicating uncertainty in contract execution [1] Industry - The procurement is part of the State Grid Corporation's ongoing efforts to enhance its infrastructure through the acquisition of essential equipment for power transmission and transformation projects [1]
白云电器:中标国家电网有限公司输变电项目变电设备(含电缆)招标采购