Weisheng Holdings (03393) rose in intraday volume. As of press time, Weisheng holdings rose 12.89% to HK $3.24, with a turnover of HK $324 million.
According to the earlier announcement, as of mid November, Weisheng Holdings (03393) has won the contract with the cumulative value of about 918 million yuan in the centralized bidding of the State Grid during the year.
Weisheng holdings is a leading supplier of integrated solutions for intelligent metering, intelligent power distribution and energy efficiency management. In the first half of this year, the company's intelligent power distribution and energy efficiency management business realized a revenue of about 520 million yuan, a year-on-year increase of 53%.
It is reported that Weisheng's intelligent power distribution and energy efficiency management business mainly includes: 40.5kv/12kv full series of high-voltage switchgear; 12kV intelligent switchgear; 35kV / 10kV full series relay protection devices; 10kV distribution automation terminal; Power electronic application device for power quality management and friendly access to new energy; Intelligent power distribution system, engineering and services; Energy saving services, etc.
(Zhitong finance and Economics Network)
