Henna Pinggao Electric Co., Ltd. (600321.SH) announced on Tuesday that the company and its subsidiary Henan Pingzhi High Voltage Switchgear Co., Ltd. had won a bid to provide equipment for the first phase of State Grid Corporation's Xilingol-Taizhou, Shanghaimiao-Shandong ±800kV ultra high voltage direct transmission system project.
The bid is valued at 1.29 billion yuan and will significantly improve Pinggao Electric's operation in the future, according to the company.






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