Core Viewpoint - China XD Electric Co., Ltd. announced successful bids for multiple projects under the State Grid Corporation of China, with a total bid amount of 1.64064 billion yuan [1][2]. Group 1: Bid Details - A total of 14 subsidiaries of China XD Electric, including Xi'an XD Transformer Co., Ltd. and Changzhou XD Transformer Co., Ltd., were among the successful bidders [2]. - The products included in the bids cover transformers, switchgear, reactors, circuit breakers, isolators, capacitors, current transformers, surge arresters, and switch cabinets [2]. - The total bid amount reached 1.64064 billion yuan, while the company's revenue for 2024 was reported at 22.17478 billion yuan [2]. Group 2: Impact on the Company - If the related projects are successfully contracted, the fulfillment of these contracts will have a positive impact on the future operational development of China XD Electric [3]. - The project bids do not affect the company's business independence [3].