SMM

Linyang Energy (601222.SH) announced that it has been selected as a candidate bid winner for the 31st batch of procurement (the first tender and procurement of metering equipment for marketing projects) by State Grid Corporation of China in 2025. The company is expected to win a total of 7 packages, with a combined total quantity of 688,200 units, and the estimated total value of the bid is approximately 165 million yuan. This bid win is expected to have a positive impact on the company's operating performance in 2025, and the performance of the contract will not affect the company's operational independence. However, the public announcement period has not yet ended, and the company has not yet received the official bid-winning notice. There are uncertainties regarding the actual delivery time and the impact on performance.