# Pinggao Electric wins CNY 1.327B in State Grid bids

Pinggao Electric and its subsidiaries won bids in multiple State Grid Corporation of China procurement projects, with a total value of approximately CNY 1.327 billion, covering products such as gas-insulated switchgear, circuit breakers, and disconnectors.

- Type: Contract
- Announced: 2026-05-08
- Where: China
- Value: $184.0M (1.33B CNY)
- Status: announced
- Products: gas-insulated switchgear, circuit breakers, disconnectors, surge arresters, instrument transformers, switchgear cabinets, AC wall bushings
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Pinggao Electric](https://endata.com/companies/15879.md)
- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/stock/aigc/zdht/2026-05-08/doc-inhxerwi4208765.shtml), 2026-05-08: "平高电气发布中标公告，公司及子公司、合营公司在国家电网有限公司系列招标采购项目中成功中标，中标金额合计约13.27亿元。"

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