Group 1 - The company received a bid notification from State Grid Corporation of China and State Grid Materials Co., Ltd. on September 23, 2025 [1] - The company won the bid for the "State Grid Corporation of China 2025 Fifth Batch Procurement (Marketing Project Second Metering Equipment Tender Procurement)" project [1] - The company secured a total of 6 bid packages, including A-level single-phase smart electric meters, B-level three-phase smart electric meters, C-level three-phase smart electric meters, and special transformer collection terminals, with a total bid amount of approximately 73.1221 million yuan [1] Group 2 - The contracts related to the awarded projects are to be signed within 30 days from the receipt of the bid notification [1] - The performance period will be determined based on the final signed contracts [1]

Group 1 - Multiple listed companies in A-shares have disclosed large orders since September, indicating a structural recovery in industry demand and vibrant core sectors [1][2] - Suzhou Ruima Precision Industrial Group announced a sales forecast of approximately 556 million yuan for air spring assemblies in a new energy vehicle project, marking a breakthrough in domestic precision manufacturing [1] - Jiangsu Linyang Energy won a bid for smart electric meters totaling 142 million yuan, which is 2.1% of its audited revenue for 2024, expected to positively impact its performance in 2025 and 2026 [1] Group 2 - Zhejiang Transportation Technology announced winning bids for highway construction projects totaling about 7.2 billion yuan, which aligns with its strategic business layout and could enhance its market competitiveness in the Yangtze River Delta [2] - Hubei Jing Shan Light Industry Machinery signed a procurement agreement worth approximately 1.005 billion yuan with a leading lithium battery company, representing 11.52% of its audited revenue for 2024, anticipated to positively affect future performance [2] - Recent large orders for listed companies are attributed to the implementation of relevant industrial policies and the upgrading of industries, driven by initiatives like "dual carbon" actions and the shift towards intelligent new energy vehicles [2]

Core Viewpoint - LinYong Energy (601222.SH) has won a bid from State Grid Corporation of China and State Grid Materials Co., Ltd. for the procurement of various smart electric meters and terminals, with a total bid amount of approximately 141.88 million yuan [1] Group 1 - The company received a bid notification on September 24, 2025, for the "53rd Batch Procurement of State Grid Corporation of China (Second Measurement Equipment Bidding Procurement)" [1] - The company won bids for 10 packages, including A-level single-phase smart electric meters, B-level three-phase smart electric meters, C-level three-phase smart electric meters, smart integration terminals, and dedicated transformer collection terminals [1] - The total bid amount is approximately 141.88 million yuan [1]

Core Viewpoint - Canaan Intelligent has won a bid from State Grid Corporation of China for the procurement of smart electric meters and related equipment, indicating a significant business opportunity for the company in the energy sector [1] Group 1: Bid Details - On September 23, 2025, Canaan Intelligent received a bid notification from State Grid Corporation and State Grid Materials Corporation for the "53rd Batch Procurement of State Grid Corporation 2025 (Second Measurement Equipment Tender Procurement)" [1] - The company won a total of 6 bid packages, including A-level single-phase smart electric meters, B-level three-phase smart electric meters, C-level three-phase smart electric meters, and specialized transformer collection terminals [1] - The total bid amount is approximately 73.1221 million yuan [1] Group 2: Contractual Obligations - The relevant contracts for the awarded projects are to be signed within 30 days of receiving the bid notification [1] - The performance period will be determined based on the final signed contracts [1]

Core Viewpoint - Jiangsu Linyang Energy Co., Ltd. has won multiple bids in the State Grid Corporation of China's procurement project, indicating a strong position in the smart energy meter market [1] Group 1 - The company received a bid notification from the State Grid Corporation and State Grid Materials Co., Ltd. on September 24, 2025 [1] - The company won bids for 10 packages in the "53rd batch of procurement in 2025" by the State Grid Corporation [1] - The total bid amount is approximately 141.8829 million yuan [1]

Core Viewpoint - Linyang Energy (601222.SH) has won a bid from State Grid Corporation of China for the procurement of various smart electric meters and terminals, with a total bid amount of approximately 142 million yuan [1] Group 1 - The company received a bid notification on September 24, 2025, from State Grid Corporation and State Grid Materials Co., Ltd. [1] - The project is part of the "State Grid Corporation of China 2025 53rd Batch Procurement (Marketing Project Second Measurement Equipment Tender Procurement)" [1] - The company won bids for 10 packages, including A-level single-phase smart electric meters, B-level three-phase smart electric meters, C-level three-phase smart electric meters, smart fusion terminals, and dedicated transformer collection terminals [1]

Core Viewpoint - LinYuan Energy (601222.SH) has won a bid from State Grid Corporation of China for the procurement of various smart electric meters and terminals, totaling approximately 142 million yuan [1] Group 1 - The company received a bid notification on September 24, 2025, from State Grid Corporation and State Grid Materials Co., Ltd. [1] - The project is part of the "State Grid Corporation of China 2025 53rd Batch Procurement (Marketing Project Second Measurement Equipment Bidding)" with the bid number 0711-25OTL08322016 [1] - The company won 10 bid packages, including A-level single-phase smart electric meters, B-level three-phase smart electric meters, C-level three-phase smart electric meters, smart fusion terminals, and dedicated transformer collection terminals [1]

Core Viewpoint - Juhua Technology (300360.SZ) has won a bid from State Grid Corporation of China for the procurement of metering equipment, totaling approximately 141.92 million yuan [1] Group 1: Bid Details - The company received a bid notification for the "53rd Batch Procurement of State Grid Corporation of China for 2025" [1] - The total quantity of equipment awarded is 440,900 units across 10 packages [1] - The total bid amount is 141,919,700.15 yuan [1] Group 2: Equipment Breakdown - A-class single-phase smart electric meters: 320,000 units, amounting to 43,197,640 yuan [1] - B-class three-phase smart electric meters: 75,000 units, amounting to 25,441,893.50 yuan [1] - C-class three-phase smart electric meters: 9,000 units, amounting to 483,502.14 yuan [1] - Smart integrated terminals: 13,000 units, amounting to 33,401,636.10 yuan [1] - Dedicated transformer collection terminals: 14,900 units, amounting to 15,218,823.05 yuan [1] - Dedicated transformer terminals (modular): 9,000 units, amounting to 19,824,686.10 yuan [1] Group 3: Contract and Delivery - The contract will be signed within 30 days based on the bid notification [1] - The delivery schedule will be determined according to the specific requirements of provincial companies [1]

Core Insights - Juhua Technology (300360.SZ) has received a bid notification from State Grid Corporation of China, confirming its status as the winning bidder for the "53rd Batch Procurement of State Grid Corporation for 2025" [1] Summary by Categories Bid Details - The company won a total of 10 packages, amounting to 440,900 units with a total value of 141.91970015 million yuan [1] - The breakdown of the bid includes: - A-level single-phase smart electric meters: 320,000 units valued at 43.19764000 million yuan - B-level three-phase smart electric meters: 75,000 units valued at 25.44189350 million yuan - C-level three-phase smart electric meters: 9,000 units valued at 4.83502140 million yuan - Smart integrated terminals: 13,000 units valued at 33.40163610 million yuan - Dedicated transformer collection terminals: 14,900 units valued at 15.21882305 million yuan - Dedicated transformer terminals (modular): 9,000 units valued at 19.82468610 million yuan [1] Contractual Obligations - The relevant contracts are to be signed within 30 days following the bid notification, with the performance period to be determined by the specific contracts signed [1] - Delivery timelines will be based on the actual contract requirements from various provincial companies [1]

Group 1 - The company Canaan Intelligent (300880.SZ) received a bid notification from State Grid Corporation of China and State Grid Materials Co., Ltd. on September 23, 2025 [1] - The company won the bid for the "53rd Batch Procurement of State Grid Corporation of China in 2025 (Second Bidding for Marketing Project of Metering Equipment)" with bid number 0711-25OTL08322016 [1] - The total bid amount for the six packages won by the company is approximately 73.1221 million yuan [1] Group 2 - The company is awarded contracts for A-level single-phase smart energy meters, B-level three-phase smart energy meters, C-level three-phase smart energy meters, and special transformer collection terminals [1] - The contracts related to the awarded projects are to be signed within 30 days of receiving the bid notification [1] - The performance period will be determined by the final signed contracts [1]