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Dalian Electric Porcelain: Estimated winning bid amount approximately 119 million yuan
Dalian Electric Porcelain announces that its wholly-owned subsidiary, Daci Materials, has been recommended as a shortlisted candidate for the procurement of the 66th batch of 2025 State Grid Corporation of China (SGCC) for the ultra-high voltage project’s fifth material tender and for the first equipment material tender for the 2026 transmission and transformation project. Daci Materials is pre-selected to supply over 187,000 porcelain insulators and over 95,000 porcelain insulators, as well as 43,000 composite insulators. The total estimated value is approximately 119 million yuan, accounting for 7.95% of the company’s audited total revenue for 2024.