Jicheng Electronics: Wins Bid for 1.13 Billion Yuan Project

Jicheng Electronics announced that the company is one of the winning candidates for the 16th batch of procurement (first equipment tendering and procurement for digital projects) of State Grid Corporation of China in 2025, the 31st batch of procurement (first metering equipment tendering and procurement for marketing projects) of State Grid Corporation of China in 2025, and the first open tendering and procurement project for material agreement inventory of State Grid Fujian Electric Power Co., Ltd. in 2025. The company won a total of 8 packages, with a total winning bid amount of approximately 113 million yuan, accounting for 4.36% of the company's operating revenue in 2024. After winning the bid for the projects, the performance of the contracts will have a positive impact on the company's operating performance.