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Henan Pinggao Electric and its subsidiaries won bids from State Grid Corporation of China for transmission and transformation equipment, with total winning amounts of approximately CNY 9.98 billion, including combination apparatus, circuit breakers, disconnectors, transformers, switchgear, and arresters.
State Grid Corporation of China announced the results of its fifth batch of switchgear tenders for 2026, awarding 74 packages worth RMB 815.63 million to 47 suppliers. Xidian Baoji Electric ranked first with RMB 51.05 million.