ZhiGuang Electric Subsidiary Wins 2.58 Billion Yuan Energy Storage Power Station Equipment Bid

ZhiGuang Electric: Subsidiary won a bid for a 2.58 billion yuan energy storage power station equipment framework procurement project

ZhiGuang Electric announced that its holding subsidiary, Guangzhou ZhiGuang Energy Storage Technology Co., Ltd., has won the bid for the energy storage power station equipment framework procurement project for South China Power Grid Corporation for the years 2023-2024. The project includes combination electrical cabinets, switch cabins, secondary equipment, communication, and battery energy storage systems, with a winning amount of 2.58 billion yuan, accounting for approximately 10.97% of the company's most recent audited operating income.