Asia
Changgao Electric Units Win 346-Million-Yuan in State Grid Tenders
Changgao Electric (SHE:002452) subsidiaries won bids totaling 346.3 million yuan in China's State Grid tenders.The subsidiaries secured contracts for composite switchgear, circuit breakers, disconnectors and switchgear cabinets, according to a Friday filing with the Shenzhen bourse.Shares of the electronic product distributor closed 2% higher Friday.
SHE:002452
