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Samsung Electric (601567.SH) subsidiary won pre-bid for about 205 million yuan China Southern Power Grid project

Zhitongcaijing·08/17/2026 08:33:20
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Zhitong Finance App News, Samsung Electric (601567.SH) announced that Ningbo Oaks Intelligent Technology Co., Ltd. (“Oaks Intelligent Technology”), a wholly-owned subsidiary of the company, was recently recommended as the winning candidate in China Southern Power Grid Corporation's first batch of framework bidding projects for 2026 distribution grid equipment. The estimated bid amount is about 205 million yuan. After winning the bid for the above project, the execution of the contract will have a positive impact on the company's business work and operating performance, but will not affect the independence of the operation.