Hongshenghuayuan announced that six of its subsidiaries have won bids for China Southern Power Grid's first batch of framework tenders for main grid line materials in 2026, with a total winning amount of about 894 million yuan, accounting for approximately 9.33 percent of the company's audited revenue in 2025. The winning products include 500 kV substation steel structures, 35 kV to 220 kV AC angle steel towers, and steel pipe towers. The signing of the project will have a positive impact on the company's operating performance, but formal commercial contracts have not yet been signed, and contract terms remain uncertain.
Hsino Tower Group Co., Ltd.Wins 894 million yuan bid from China Southern Power Grid, boosting revenue.
