TGOOD Electric Wins Southern Power Grid Tender

MT Newswires Live

02/12

Qingdao TGOOD Electric (SHE:300001) emerged as the preferred bidder for two Southern Power Grid tenders, with a combined estimated value of 169.8 million yuan.

The company will supply transformers and a prefabricated substation under a 144-3-million-yuan project and a gas-insulated switchgear for a 25.6-million-yuan project, according to a Wednesday filing with the Shenzhen bourse.

Shares of the outdoor box-type power products manufacturer rose 3% in recent trade.

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