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Listed companies have been announcing a wave of successful bids, with the power equipment industry continuing to enjoy robust growth.
①According to media reports, with the progress of the State Grid's bidding and tendering work, listed companies in the power equipment industry chain have recently announced a wave of successful bids. ②Orient Securities stated that the State Grid’s RMB four-trillion investment plan for the '15th Five-Year Plan' will be implemented at the beginning of 2026, and the domestic power equipment industry is expected to maintain high growth momentum continuously.
Hsino Tower Subsidiaries Shortlisted for China State Grid's Transmission Tower Construction Equipment Bid
Hongsheng Huayuan (601096.SH): Pre-awarded bid for State Grid project
Gelonghui, May 6th丨Hongsheng Huayuan (601096.SH) announced recently that State Grid Corporation of China disclosed on its e-commerce platform () the 'Announcement of Recommended Bidders for the Second Open Tender Procurement of Equipment Materials for Power Transmission and Transformation Projects in 2026' and the 'Announcement of Recommended Bidders for the First Framework Agreement (Agreement Inventory) Open Tender Procurement of Equipment Materials for Power Transmission and Transformation Projects in 2026.' In the second open tender procurement activity for equipment materials of power transmission and transformation projects in 2026 by State Grid Corporation of China, a subsidiary of Hongsheng Huayuan was identified as the中标candidate for package 4 of angle steel towers.
Hongsheng Huayuan: Hongsheng Huayuan\'s First Quarter Report for 2026
Hongsheng Huayuan First Quarter Report for 2026
Hongsheng Huayuan (601096.SH) reported a net profit of 1.02 billion yuan in the first quarter, representing a year-on-year increase of 14.62%.
According to the announcement by Hongsheng Huayuan (601096.SH) on April 28th via Gelonghui, the company's Q1 2026 financial report shows that it achieved operating revenue of 2.414 billion yuan, representing a year-on-year increase of 5.31%; net profit attributable to shareholders was 102 million yuan, up 14.62% year-on-year; and non-recurring net profit attributable to shareholders amounted to 95.4376 million yuan, marking a year-on-year growth of 14.59%.