Ningbo Sanxing Medical Electric (SHA:601567) subsidiary AUX Intelligent Technology was named a candidate for the second batch of the 2024 distribution network equipment framework tender by China Southern Power Grid.
The bid amount is estimated to be about 313.8 million yuan, according to a Thursday filing with the Shanghai bourse.
The project covers the provision of various types of transformers, substations, and automated circuit breaker sets.
Shares of the smart metering services provider were down 1% Thursday.
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