Samsung Medical: Its Subsidiary Is Pre-Selected as a Winner for a National Grid Procurement Project Valued at Around 168 Million Yuan
5 day ago / Read about 0 minute
Author:小编   

Samsung Medical (601567.SH) disclosed that its wholly-owned subsidiary, Aux Smart Technology, has recently been pre-selected as a winning bidder in the second round of the joint procurement project for the North China region in 2025, as recommended by the State Grid. This project encompasses a range of products, including overhead insulated conductors, 10KV transformers, and complete sets of equipment for 10KV pole-mounted transformers, among others. The estimated total value of the winning bid stands at approximately 168 million yuan. Securing this project is expected to exert a positive influence on the company's operational activities and financial performance. Nonetheless, it's important to note that Aux Smart Technology has not yet officially received the winning bid notification. Additionally, there remain uncertainties concerning the duration of the contract and its precise impact on the company's financial performance.