State Grid Yingda Wins 1.6 Billion Yuan in China State Grid Bids
State Grid Yingda (SHA:600517) subsidiaries won bids totaling 1.59 billion yuan from China's State Grid for regional joint procurement of distribution network products.The bids account for over 13% of the company's 2025 operating revenue, according to a Wednesday filing with the Shanghai bourse.Shares of the electric equipment manufacturer rose 2% in recent trade.