Sanxing Medical Electric's Unit Recommended as Winning Candidate for Chinese State Grid's Bid

MT Newswires Live

11/26

Ningbo Sanxing Medical Electric's (SHA:601567) unit, Ningbo AUX Intelligent Technology, was recommended as a winning candidate of the State Grid of China's procurement bidding for electric conductors and transformers, according to a Shanghai bourse filing on Wednesday.

The estimated total bid amount is about 106.6 million yuan.

The power distribution device manufacturer is a candidate for the 10-kilovolt transformer, the silicon-steel-sheet oil-immersed type, and the pole-mounted transformer complete sets, the amorphous alloy and silicon-steel-sheet wound-core types.

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