22 Sept 2025
Earlier this month, China Southern Power Grid has announced the results of its first framework tender for meting equipment this year. Wasion secured contracts worth about Rmb201.2m. In addition, Willfar Information Technology Company (a subsidiary) was awarded contracts totaling Rmb169.0m. With a combined contract value of about Rmb370.0m, the company achieved the highest total contract won in this tender.
CROSBY Research – Wasion Holdings (3393 HK/NEUTRAL): First Southern Grid tender results