Wasion Holdings' (HKG:3393) unit Wasion Group won contracts for approximately 662,000 units of smart meters from State Grid Corporation of China with a contract value of roughly 175.2 million yuan, a Thursday bourse filing said.
Another unit of the company, Willfar Information Technology, won contracts for around 48,000 units of data collection terminals and concentrators worth 85.9 million yuan.
To date, the energy metering products manufacturer has bagged contracts worth a total of around 815.1 million yuan in the State Grid's centralized bidding in 2024.