# Jinguan Electric wins $5.4M bid for State Grid ultra-high voltage project

Jinguan Electric Co., Ltd. and its subsidiary Nanyang Jinguan Intelligent Switch Co., Ltd. have won bids for State Grid's 2026 ultra-high voltage and power transmission projects, with a total winning amount of approximately 39.2074 million yuan (about $5.4 million).

- Type: Contract
- Announced: 2026-03-25
- Where: China
- Value: $5.40M (39.2M CNY)
- Status: announced
- Products: ultra-high voltage equipment, power transmission equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Jinguan Electric Co., Ltd.](https://endata.com/companies/62551.md)
- [Nanyang Jinguan Intelligent Switch Co., Ltd.](https://endata.com/companies/84533.md)
- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)

## Sources

- [finance.ifeng.com](https://finance.ifeng.com/c/8rmpqbMYAi0), 2026-03-25: "金冠电气(688517.SH)公告称，公司及全资子公司南阳金冠智能开关有限公司中标国家电网2026年特高压项目及输变电项目相关标包，合计中标金额约3920.74万元。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.