# Changgao Electric's subsidiaries win $1.23B RMB State Grid contracts

Four wholly-owned subsidiaries of Changgao Electric New (002452.SZ) won bids totaling 1.23 billion RMB in State Grid Corporation of China's 2022 42nd procurement for transmission and transformation projects. The subsidiaries will supply combined electrical apparatus, disconnectors, and switchgear.

- Type: Contract
- Announced: 2022-08-31
- Where: China
- Value: $17.0M (123.0M CNY)
- Status: completed
- Products: combined electrical apparatus, disconnectors, switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Changgao Electric New](https://endata.com/companies/65017.md)
- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/784999.html), 2022-08-31: "公司全资子公司湖南长高电气有限公司、湖南长高高压开关有限公司、湖南长高成套电器有限公司、湖南长高森源电力设备有限公司，分别在组合电器、隔离开关、开关柜等三大类产品招标中中标。"

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