TODAY'S MARKET INTELLIGENCE
Fengfan Stock Wins 129M Yuan China Southern Power Grid Project
English summary
Fengfan Stock won lots in the first batch of 2026 main grid line material framework bidding of China Southern Power Grid, including "500kV AC angle steel tower Guizhou Package 3" and "35kV-220kV AC angle steel tower Guangxi Package 4", with a winning amount of about 129 million yuan, representing about 4.31% of audited 2025 revenue. The contract is expected to positively impact performance but official contracts are not signed yet.
The English text is machine translated and may require verification against the Chinese version.
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