TODAY'S MARKET INTELLIGENCE
Hongsheng Huayuan Wins 894M Yuan China Southern Power Grid Contract, 9.33% of FY2025 Revenue
English summary
On August 18, 2026, six subsidiaries of Hongsheng Huayuan won the first batch of 2026 main grid line material framework bidding projects of China Southern Power Grid, with a winning amount of about 894 million yuan, accounting for about 9.33% of audited 2025 revenue. This is expected to positively impact the company's performance.
The English text is machine translated and may require verification against the Chinese version.
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