# Pinggao Electric wins CNY 9.98B State Grid equipment supply contracts

Henan Pinggao Electric and its subsidiaries won bids from State Grid Corporation of China for transmission and transformation equipment, with total winning amounts of approximately CNY 9.98 billion.

- Type: Contract
- Announced: 2026-11-04
- Where: China
- Value: $1.38B (9.98B CNY)
- Status: announced
- Products: combination apparatus, circuit breakers, disconnectors, transformers, switchgear, arresters
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Henan Pinggao Electric](https://endata.com/companies/15597.md)
- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)

## Sources

- [endata.com](https://endata.com/announcements/14971-pinggao-electric-wins-cny-998m-state-grid-equipment-supply-contracts), 2026-11-04: "河南平高电气股份有限公司（以下简称“公司”）及子公司...为相关项目中标单位，中标金额合计约为9.98亿元，占2025年营业收入的7.97%。"

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