TBEA(SH:600089) Ge Long Hui·2025-08-29 12:22Core Viewpoint - The company TBEA has been awarded a bid by Saudi Electricity Company for the localization procurement of ultra-high voltage and high voltage transformers and reactors, with an estimated total value of approximately 16.4 billion RMB [1] Group 1: Bid Details - The company is one of the selected bidders for the supply of 179 ultra-high voltage (EHV) transformers, 108 ultra-high and high voltage (EHV and HV) reactors, and 391 high voltage (HV) transformers [1] - The estimated total amount for this bid is around 16.4 billion RMB, with a minimum execution volume of 70% of the bid amount [1] Group 2: Execution Timeline - The framework bid has a duration of 7 years, with specific quantities and amounts to be fulfilled each year subject to certain uncertainties [1]