Wasion Holdings Limited is pleased to announce that its subsidiaries, Wasion Group Limited and Wasion Information Technology Co., Ltd., have achieved outstanding results in the first round of the 2025 metering equipment tender conducted by State Grid Corporation of China. The tender results were officially announced on May 27, 2025.
Wasion Group Limited has won a contract for approximately 786,000 smart meters and metering current and voltage transformers, with a total contract value of around RMB 185.71 million (approximately HK$ 202.41 million). Additionally, Wasion Information Technology Co., Ltd. secured a contract for approximately 31,000 specialized data collection terminals, amounting to about RMB 46.83 million (approximately HK$ 51.04 million). Overall, the group’s total contract value from this tender ranks first.
To date, the group has accumulated a total contract value of approximately RMB 232.54 million (about HK$ 253.45 million) in the State Grid’s centralized procurement for the 2025 fiscal year.
Mr. Ji Wei, Chairman of the Group, stated, “The centralized procurement by State Grid continues to set benchmarks for product quality, technological innovation, and service excellence. Securing the highest contract value reaffirms the group’s market-leading position in smart metering solutions and demonstrates our overall strength in hardware, software, and data services. We will continue to support the development of new power systems and accelerate China’s energy transition through advanced metering and digital solutions.”
About Wasion Holdings Limited
The group is a leading expert in energy metering and efficiency management in China. Its products and services include power AMI (Advanced Metering Infrastructure) solutions, communication and fluid metering solutions, smart distribution and utilization systems, smart distribution solutions, smart distribution devices, and energy efficiency solutions. The group’s current clients include utility companies in electricity, water, gas, and heating sectors, as well as large industrial and commercial customers. The group’s leading products hold a significant market share domestically and are exported to various countries across Asia, Africa, Europe, and America. The group also boasts two national-level research centers, including China’s first engineering research center in the energy-saving and environmental protection sector, and internationally certified laboratories, particularly excelling in research and development in smart metering and energy efficiency management.
For more information, please visit: Wasion Holdings
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