# China XD Electric wins CNY 1.115 billion substation equipment contract from State Grid

China XD Electric's 12 subsidiaries won a total of about CNY 1.115 billion in bids for State Grid's 2026 fifth substation equipment procurement. The contract covers transformers, switchgear, capacitors, and arresters.

- Type: Contract
- Announced: 2026-11-03
- Where: China
- Value: $153.0M (1.11B CNY)
- Status: announced
- Products: transformer, reactor, combined apparatus, circuit breaker, disconnector, capacitor, instrument transformer, surge arrester, switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [China XD Electric](https://endata.com/companies/15369.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/2026-11-03/doc-inixncmx8696126.shtml), 2026-11-03: "本次相关项目正式签约后，合同的顺利履行将对公司未来经营发展产生积极的推动作用"

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