# Jinguan Electric wins $5.2M State Grid procurement contract

Jinguan Electric and its subsidiary Nanyang Jinguan Intelligent Switch Co., Ltd. won bids for lightning arresters and switchgear products from State Grid Corporation of China, with a total winning amount of 51.9567 million yuan.

- Type: Contract
- Announced: 2024-05-06
- Where: China
- Value: $7.20M (52.0M CNY)
- Status: announced
- Products: lightning arresters, switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Jinguan Electric Co., Ltd.](https://endata.com/companies/62551.md)
- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1117504.html), 2024-05-06: "公司及全资子公司南阳金冠智能开关有限公司中标避雷器、开关柜产品共3个标包，合计中标金额5195.67万元"

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