Pinggao Electric has been awarded contracts totaling approximately 1.327 billion yuan from State Grid Corporation of China for power transmission and transformation equipment. This amount represents 10.60% of the company's 2025 revenue. Separately, ST Hengjiu received a notice from the Shenzhen Stock Exchange indicating its stock will be delisted due to audit report issues. AI
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RANK_REASON This cluster reports on a significant procurement contract award for power transmission equipment. [lever_c_demoted from significant: ic=1 ai=0.1]