10月10日，特变电工沈阳变压器集团有限公司（以下简称"沈变公司"）传来消息：其承建的巴布亚 新几内亚国家电网二期项目日前一次带电成功，这一海外重大电力工程提前完成建设任务，实现全面投 运，区域供电可靠性预计提升70%以上，将有超过百万名当地居民从中受益。 在项目建设过程中，沈变公司建设团队与当地相关方面系统性开展了电力技术交流，组织中国工程 师通过理论授课和现场实操相结合的方式，向当地员工传授输电线路施工、变电站设备安装调试、电力 系统运维等专业技能，实现了技术转移，培养了一批电力技术人才。 项目投运后，将实现巴新西部海拉省、南高地省、西高地省和东部吉瓦卡省、钦布省、东高地省之 间电力的互联互通和盈亏互补，显著提升区域电网稳定性，带来更加稳定可靠的电力供应，为区域产业 发展提供电力保障。同时，该项目还为当地带来了大量就业机会。 巴布亚新几内亚国家电网二期项目是巴布亚新几内亚三大电网之一拉姆电网的主干网。项目新建孔 迪亚瓦、戈罗卡、凯南图3座132千伏变电站，扩建蒙特哈根、扬基2座132千伏变电站，并新建一条长约 270公里的132千伏输变电线路。 ...

Group 1 - The main forms of power enterprise management bidding include public bidding, invited bidding, competitive negotiation, single-source procurement, and electronic bidding [1] - Public bidding allows all qualified enterprises to participate, suitable for large projects, with an average cost-saving rate of 12.7% in 2023 for State Grid public bidding projects [3] - Invited bidding involves directing at least three qualified enterprises, often used in complex technical fields, with a supplier library update rate of 23% per year for Southern Power Grid [3] Group 2 - Competitive negotiation is used when technical solutions are unclear, with a time efficiency of 7-15 days, while single-source procurement is for patented technologies with a time efficiency of 3-5 days [4] - By 2025, the National Energy Administration requires that electronic bidding accounts for over 85%, with blockchain technology already applied in State Grid's procurement platform [4] - The use of electronic templates can reduce time costs by 30% and travel expenses by 40%, while smart warnings can prevent collusion in bidding [5] Group 3 - Projects over 20 million yuan must use public bidding, and two-stage bidding is recommended for immature technical solutions [5] - A supplier grading management system should be established to dynamically assess performance capabilities [5] - New fields like energy storage require innovative technical scoring criteria for bidding [5]

Core Viewpoint - Aonong Construction (01183) has experienced a significant stock price increase of over 19% following the announcement of a positive earnings forecast, indicating strong growth potential in the construction sector in Macau [1]. Financial Performance - The company anticipates a net profit of no less than 18 million MOP for the six months ending June 30, 2025, representing a growth of over 125% compared to a net profit of 8 million MOP for the same period ending June 30, 2024 [1]. - The expected increase in net profit is primarily attributed to higher revenue from construction activities, driven by the certification of major projects such as a substation and a government data center in Macau [1]. Business Operations - The improvement in profit margins for the steel structure business is also noted, which is a result of market expansion and increased operational efficiency [1].

Core Viewpoint - Aonong Construction (01183) has experienced a significant stock price increase of over 19% following the announcement of a positive earnings forecast, indicating strong growth potential in the near future [1] Financial Performance - The company anticipates a net profit of no less than 18 million Macanese Patacas for the six months ending June 30, 2025, representing an increase of over 125% compared to the net profit of 8 million Macanese Patacas for the six months ending June 30, 2024 [1] - The expected increase in net profit is primarily attributed to higher revenue from construction activities [1] Business Operations - The growth in revenue is driven by the certification of significant construction projects, including a substation on the Macau Peninsula and a data center for the Macau government [1] - Market expansion has led to improved gross margins in the steel structure business [1]