# Jinguan Electric wins 22.25 million yuan bid from China Southern Power Grid

Jinguan Electric (688517.SH) has been awarded a bid for 10kV AC surge arrestor products in the second batch of 2024 distribution equipment framework bidding by China Southern Power Grid, with an estimated winning amount of 22.2521 million yuan.

- Type: Contract
- Announced: 2025-01-22
- Where: China
- Value: $3.10M (22.3M CNY)
- Status: announced
- Products: 10kV AC surge arrestors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Jinguan Electric Co., Ltd.](https://endata.com/companies/62551.md)
- [China Southern Power Grid](https://endata.com/companies/3836.md) (customer)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1241754.html), 2025-01-22: "本次中标金额约占2023年营业收入的3.45%，中标合同的履行将对公司未来经营业绩产生积极的影响。"

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