Core Viewpoint - Company has won a bid for multiple projects under the Southern Power Grid, which is expected to positively impact its operating performance, accounting for approximately 5.70% of the company's audited revenue for 2024 [1]. Group 1: Bid Announcement - On February 13, 2026, the Southern Power Grid Company announced the results of its second batch of framework bidding for main network line materials for 2025 [1]. - The company won bids for several products, including 500kV substation steel structures and various types of steel towers, with a total bid amount of approximately 184 million yuan [1]. Group 2: Impact on Company - The signing and execution of the contract from the bid are expected to have a positive impact on the company's operating performance, although it will not affect the independence of the company's business [1].

Core Viewpoint - The company Fengfan Co., Ltd. has won multiple bids in the Southern Power Grid Company's 2025 main network line materials second batch framework bidding project, with a total bid amount of approximately 184 million yuan, which accounts for about 5.70% of the company's audited revenue for 2024 [1] Group 1 - The company won bids for the following products: 500kV substation steel structure in Guangdong, 35kV-220kV AC angle steel tower in Hainan, 500kV AC steel pipe tower in Guangdong, and 35kV-220kV AC steel pipe tower in Guangdong [1] - The total bid amount of approximately 184 million yuan represents a significant contribution to the company's revenue for the upcoming fiscal year [1]

Core Viewpoint - The company Fengfan Co., Ltd. has won multiple bids in the second batch of framework tender projects for the main network line materials of China Southern Power Grid, with a total bid amount of approximately 184 million yuan, which accounts for about 5.70% of the company's audited revenue for 2024 [1] Group 1 - The company won bids for various products including 500kV substation steel structures and 35kV-220kV AC angle steel towers [1] - The total bid amount of approximately 184 million yuan is significant for the company's revenue projections [1] - The awarded projects are part of the 2025 main network line materials tender by China Southern Power Grid [1]

Core Viewpoint - Fengfan Co., Ltd. (601700.SH) has won multiple bids in the second batch of framework bidding projects for the main network line materials of the Southern Power Grid Company for 2025, with a total bid amount of approximately 184 million yuan, accounting for about 5.70% of the company's audited revenue for 2024 [1] Group 1 - The company won bids for the following products: 500kV substation steel structure in Guangdong, 35kV-220kV AC angle steel tower in Hainan, 500kV AC steel pipe tower in Guangdong, and 35kV-220kV AC steel pipe tower in Guangdong [1] - The total bid amount of approximately 184 million yuan represents a significant contribution to the company's revenue for the upcoming fiscal year [1]

Core Viewpoint - The company Fengfan Co., Ltd. (601700.SH) has won a bid for multiple projects under the State Grid Corporation of China, with a total bid amount of approximately 184 million yuan, which represents about 5.70% of the company's audited revenue for 2024 [1] Group 1 - The company won bids for the following products: 500kV substation steel structures in Guangdong, 35kV-220kV angle steel towers in Hainan, 500kV steel pipe towers in Guangdong, and 35kV-220kV steel pipe towers in Guangdong [1] - The total bid amount of approximately 184 million yuan is significant for the company's revenue projections for the upcoming year [1]

Core Viewpoint - The company Fengfan Co., Ltd. has won multiple bids in the second batch of framework tender projects for the main network line materials of China Southern Power Grid, with a total bid amount of approximately 184 million yuan, which accounts for about 5.70% of the company's audited revenue for 2024 [1] Group 1: Tender Details - China Southern Power Grid announced the winning bids for the second batch of framework tender projects for main network line materials on February 13, 2026 [1] - Fengfan Co., Ltd. won bids for several products, including 500kV substation steel structures and various types of steel towers [1] - The total bid amount for the projects won by Fengfan Co., Ltd. is approximately 184 million yuan [1] Group 2: Financial Impact - The winning bids represent about 5.70% of the company's audited revenue for the year 2024 [1]

Group 1 - The core announcement indicates that Hongsheng Huayuan's subsidiary has been pre-awarded a bid for various steel structures and towers in the Southern Power Grid Company's 2025 main network line materials second batch framework bidding project [2] - The total pre-awarded amount for the projects is approximately 621 million yuan, which accounts for about 6.12% of Hongsheng Huayuan's audited operating income for 2024 [2]