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Canaan Intelligence (300880.SZ) has won a bid worth approximately 121 million yuan for a State Grid Corporation of China-related project.
Canaan Intelligence (300880.SZ) announced that on May 7, 2026, the company received a notice of winning bid issued by State Grid Corporation of China and State Grid Material Co., Ltd. In the project 'State Grid Corporation of China’s First Open Bidding for Metering Equipment in Marketing Projects 2026,' the company was awarded contracts for the following items: Class A Single-phase Smart Meters, Class B Three-phase Smart Meters, Class C Three-phase Smart Meters, Intelligent Fusion Terminals, and Dedicated Transformer Data Acquisition Terminals. The company secured seven contract packages with a total winning amount of approximately RMB 121 million.
Express News | The power grid equipment sector experienced volatile declines, with Ankao Zhidian plummeting nearly 10%.
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Canaan Intelligence (300880.SZ) has won a bidding project worth 63.0382 million yuan for State Grid Corporation of China.
Canaan Intelligence (300880.SZ) announced that on March 31, 2026, the company received a notice of winning bid from State Grid Corporation of China and State Grid Material Co., Ltd. In the project 'State Grid Corporation of China's 2026 Marketing Project - Special Public Bidding for Metering Equipment' (Tender No.: 0711-260TL01122003), the company was awarded as the successful bidder for Class A single-phase smart meters and Class B three-phase smart meters. The company secured two bidding packages, with a total contract value of approximately RMB 63.0382 million. Relevant contracts for the awarded projects will be signed within 30 days from the receipt of the notice of winning bid, and the performance period will be subject to the final signed contract.