Samsung Medical: Company and Wholly-Owned Subsidiary Pre-Win Bids for State Grid Corporation of China-Related Projects Worth 213 Million Yuan

Published: May 30, 2025 13:23

Samsung Medical announced that the company and its wholly-owned subsidiary, Samsung Intelligence, were recommended as winning candidates in the 31st batch of procurement (the first tender and procurement of metering equipment for marketing projects) and the 32nd batch of procurement (the first tender and procurement of battery charging and swapping equipment for marketing projects) of State Grid Corporation of China in 2025. The total estimated winning bid amount is approximately 213 million yuan. Among them, the company's estimated winning bid amount is approximately 191 million yuan, and Samsung Intelligence's estimated winning bid amount is approximately 21.9635 million yuan. After winning the above-mentioned projects, it will have a positive impact on the company's operating performance, but will not affect its operational independence.

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