Fengfan Co. Wins State Grid Project Worth Approximately 149 Million Yuan

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Fengfan Co. announced that it has won a bid in State Grid's 2026 third public tender for equipment and materials for ultra-high voltage projects, as well as third public tender for installation materials for power transmission and transformation projects. The winning bid amount is approximately 149 million yuan, accounting for about 5.00% of the company's audited 2025 operating revenue.

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Won a 149 million yuan bid from State Grid for ultra-high voltage equipment, representing 5% of 2025 revenue.

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