Hoshine Electric: Company wins bid for 120 million yuan project
Hoshun Electric has been selected as a preferred bidder for a project involving mobile energy storage power services for China National Petroleum Corporation. The estimated value of the bid is 120 million yuan (excluding tax), which represents a significant portion of the company's 2025 revenue. This project is expected to positively impact Hoshun Electric's future financial performance. AI
IMPACT This contract award for energy storage services could indirectly support AI infrastructure by providing power solutions for data centers or AI-driven operations.