Securities code: 300882 securities abbreviation: Zhejiang Wellsun Intelligent Technology Co.Ltd(300882) Announcement No.: 2022-008 Zhejiang Wellsun Intelligent Technology Co.Ltd(300882)
Announcement on winning major business contracts
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
On January 25, 2022, China Southern Power Grid Co., Ltd. announced the “publicity of the results of the second batch of framework bidding projects of China Southern Power Grid in 2021” on the unified service platform of China Southern Power Grid supply chain. Zhejiang Wellsun Intelligent Technology Co.Ltd(300882) (hereinafter referred to as “the company”) is one of the bid winning candidates of the above projects. According to the pre bid winning quantity and quotation calculation, the total bid winning amount is expected to be about 44.2311 million yuan. For details, please refer to cninfo.com, the gem information disclosure website designated by the CSRC on January 27, 2022（ http://www.cn.info.com.cn. ）The disclosed “suggestive announcement on pre winning major business contracts” (Announcement No.: 2022-006).
Recently, the company received the letter of acceptance from China Southern Power Grid Materials Co., Ltd., the bidding agency of China Southern Power Grid Co., Ltd.
1、 Main contents of the letter of acceptance
1. Bidding project: the second batch of framework bidding project for measurement products of China Southern Power Grid Corporation in 2021 (bidding No.: 0002200000086704)
2. Bidding unit: China Southern Power Grid Co., Ltd
3. Bid winner: Zhejiang Wellsun Intelligent Technology Co.Ltd(300882)
4. Category of bid winning materials: single phase intelligent watt hour meter
5. Total bid winning amount: RMB 44.2311 million
2、 Introduction to counterparty
1. Company Name: China Southern Power Grid Co., Ltd
2. Legal representative: Meng Zhenping
3. Registered capital: 600 million yuan
4. Registered address: No. 11, Kexiang Road, Science City, Luogang District, Guangzhou, Guangdong
5. Business scope of the company: investment, construction, operation and management of Southern regional power grid and operation of relevant power transmission and distribution business; Participate in investment, construction and operation of cross regional power transmission and transformation and networking projects; Engage in power purchase and sale business, be responsible for power trading and dispatching, and manage the power dispatching and trading center of Southern regional power grid; Engage in China’s foreign investment and financing business in accordance with relevant state regulations and with the approval of relevant departments; Independently carry out foreign trade circulation, international cooperation, foreign project contracting and foreign labor cooperation with the approval of the state; Engage in scientific research, technological development, power production and dispatching information communication, consulting services and training related to power grid operation and power supply; Operate other businesses approved or permitted by the state. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
There is no relationship between the company and the counterparty.
3、 Impact on the company’s performance
The total bid winning amount is about 44.2311 million yuan, accounting for about 7.74% of the company’s audited total operating revenue in 2020. After the successful project is signed and successfully implemented, it is expected to have a positive impact on the company’s future business performance and will not affect the company’s business independence.
4、 Risk tips
1. The company has received the letter of acceptance from China Southern Power Grid Materials Co., Ltd., the bidding agency, and has not signed a formal contract with the counterparty. The relevant terms of the contract, settlement amount and other specific contents shall be subject to the finally signed contract.
2. During the performance of the contract, if the impact of unpredictable or force majeure and other factors is encountered, it may lead to the risk that the contract cannot be fully performed or terminated.
3. Please make careful decisions and pay attention to preventing investment risks.
It is hereby announced.
Zhejiang Wellsun Intelligent Technology Co.Ltd(300882) board of directors
February 8, 2022
