Asia
Changgao Electric Group's Subsidiaries Bag Contracts Worth 299 Million Yuan
Changgao Electric Group (SHE:002452) said four of its wholly owned subsidiaries won contracts worth a combined around 299 million yuan in tenders for State Grid Corporation of China's 2026 transmission and transformation projects, according to a Wednesday disclosure on the Shenzhen bourse.Hunan Changgao Electric, Hunan Changgao High-Voltage Switchgear, Hunan Changgao Complete Electrical Equipment and Hunan Changgao Senyuan Power Equipment received contracts for modular switchgear, isolating switches and switchgear cabinets, respectively.The company said the contracts will support the company's operating results in 2026 and subsequent years.
SHE:002452
