ChangGao Electric Group's wholly-owned subsidiaries have won bids from State Grid for power transmission and transformation equipment. The total contract value is RMB 416.2972 million, representing 25% of the company's 2025 audited revenue. This is expected to positively impact the company's performance in 2026 and beyond.
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Securities Code: 002452
Convertible Bond Code: 127113
Securities Abbreviation: ChangGao Electric
Convertible Bond Abbreviation: ChangGao Convertible Bond
Announcement No.: 2026-51
ChangGao Electric Group Co., Ltd.
Announcement on Wholly-Owned Subsidiary Winning Bids from State Grid
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
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