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Wasion Holdings Secures Major Contracts in State Grid Tender

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Wasion Holdings Secures Major Contracts in State Grid Tender

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Wasion Holdings Limited ( (HK:3393) ) has issued an update.

Wasion Holdings Limited announced that its subsidiaries, Wasion Group Limited and Willfar Information Technology Company Limited, have secured significant contracts in the State Grid Corporation of China’s second tender for 2025. The contracts, totaling approximately RMB165.44 million, include the supply of smart meters, low-voltage current transformers, and intelligent fusion terminals. This achievement positions Wasion Holdings as a leading supplier in the tender, with a cumulative contract value of approximately RMB397.98 million for the year, enhancing its market presence and operational growth.

The most recent analyst rating on (HK:3393) stock is a Buy with a HK$11.50 price target. To see the full list of analyst forecasts on Wasion Holdings Limited stock, see the HK:3393 Stock Forecast page.

More about Wasion Holdings Limited

Wasion Holdings Limited is a company incorporated in the Cayman Islands, operating in the smart metering and energy management industry. It provides smart meters, metering equipment, and intelligent data collection terminals, focusing on the Chinese market.

Average Trading Volume: 2,035,437

Technical Sentiment Signal: Buy

Current Market Cap: HK$11.03B

For an in-depth examination of 3393 stock, go to TipRanks’ Overview page.

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