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WASION HOLDINGS wins 2 contracts in State Grid’s bidding
21 Nov 2019
(Infocast News) Wasion Holdings (03393) announced that the State Grid announced the bidding results of the second tender on smart meters and power usage data collection equipments in 2019, in which Wasion Group, a subsidiary of the company, has won contracts for 1,060,000 units of smart meters with a contract value of RMB247.34 million.

Furthermore, Willfar Information Technology, a subsidiary of the company, has also won contracts on data collection terminals and concentrators for 47,000 units with a contract value of RMB52.66 million.

The company has won contracts with an accumulated value of RMB641.38 million in the State Grid’s centralized bidding in 2019.

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