# Samsung Medical and subsidiary recommended for $1.03M grid equipment contract

Samsung Medical and its subsidiary Aoxes High-Tech were recommended as winning bidders for a State Grid Zhejiang Electric Power procurement project, with a total estimated contract value of about 1.03 billion yuan.

- Type: Contract
- Announced: 2021-05-24
- Where: China
- Value: $16.0M (103.0M CNY)
- Status: announced
- Products: grid equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Samsung Medical](https://endata.com/companies/55348.md)
- [Aoxes High-Tech](https://endata.com/companies/55349.md)
- [State Grid Zhejiang Electric Power](https://endata.com/companies/55350.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/480640.html), 2021-05-24: "公司及其全资子公司奥克斯高科技分别在国网浙江省电力有限公司2021年第一次配网物资协议库存招标采购项目中被推荐为中标候选人"

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