Jinguan Electric, Subsidiary Bag Bids Totaling 22 Million Yuan; Shares Surge 20%

MT Newswires Live

2025/11/05

Jinguan Electric (SHA:688517) and its subsidiary, Nanyang Kingcrown Intelligent Switch, won two bids for surge arresters and switchgear products for a total of 21.8 million yuan, according to a Shanghai bourse disclosure on Wednesday.

The Chinese intelligent switchgear manufacturer's shares surged 20% during the afternoon trade.

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