Wasion Holdings Limited has announced that its subsidiaries have successfully secured contracts worth over HK$253 million in the first round of metering equipment tenders from the State Grid Corporation for 2025.
On June 2, 2025, Wasion Holdings Limited (stock code: 3393.HK), a leading expert in energy metering and efficiency management in China, revealed that its subsidiary, Wasion Group Limited, and Wasion Information Technology Co., Ltd. achieved impressive results in the State Grid’s centralized procurement process for metering equipment.
The tender results were officially announced by the State Grid on May 27, 2025. Wasion Group Limited won a contract for approximately 786,000 smart meters and measuring 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 around 31,000 specialized collection terminals, amounting to approximately RMB 46.83 million (around HK$51.04 million). The total contract amount won by the group in this tender ranks first.
As of now, the group has accumulated a total tender amount of approximately RMB 232.54 million (about HK$253.45 million) from the State Grid’s centralized procurement for 2025.
The Chairman of the Group, Mr. Ji Wei, stated, “The centralized procurement by the State Grid continues to set benchmarks in product quality, technological innovation, and service excellence. Achieving the highest tender amount not only reaffirms the group’s market-leading position in smart metering solutions but also reflects our overall strength in hardware, software, and data services. We will continue to support the construction of new power systems and accelerate China’s energy transition through advanced metering and digital solutions.”
About Wasion Holdings Limited
Wasion Holdings is a leading expert in energy metering and efficiency management in China. Its products and services include Power AMI (smart metering solutions), Communication & Fluid AMI, intelligent distribution and utilization systems, SDS (smart distribution solutions), SDD (smart distribution devices), and EES (energy efficiency solutions). The group currently serves clients including power grid companies, water utilities, gas, and thermal energy sectors, as well as large industrial and commercial clients. Its leading products hold significant market share domestically and are exported to various countries in Asia, Africa, Europe, and America. The group has two national-level research centers, including China’s first engineering research center in energy conservation and environmental protection, along with internationally certified laboratories, particularly excelling in the fields of smart metering and energy efficiency management.
For more information, please visit: Wasion Holdings Website
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