Wasion Information: Won the bid for the State Grid procurement project of 27.8417 million yuan
DATE:  Mar 05 2025

K Figure 688100_0

China Securities Intelligent Financial News Wasion Information (688100) announced on the evening of March 5 that the company won the bid for the first public bidding and procurement project of State Grid Hunan Electric Power Co., Ltd. in 2025, with a winning bid amount of 27.8417 million yuan, accounting for 1.01% of the company's audited total operating income in 2024.

Wasion Information was listed on the Science and Technology Innovation Board on January 21, 2020, and is mainly engaged in electricity monitoring terminals, water, gas and heat sensing terminals, communication modules, communication gateways, and smart utility management systems. In 2024, the company will achieve a total operating income of 2.745 billion yuan, a year-on-year increase of 23.35%; net profit attributable to the parent company was 631 million yuan, a year-on-year increase of 20.07%; Basic earnings per share was 1.28 yuan. The 2024 annual distribution plan plans to distribute 5.2 yuan (tax included) to all shareholders for every 10 shares.

According to the data, Wasion Information takes scientific and technological innovation as the core driving force, and continues to develop and deploy AI and launch new products. In 2024, nearly 50 innovative products and solutions will be successfully launched, and the new products will generate revenue of 1.338 billion yuan, accounting for 49% of the total revenue. Among them, the revenue of new AI vertical application products exceeded 400 million yuan, accounting for 30% of the new product revenue. In 2024, Wasion Information will be selected into the Artificial Intelligence Index of the Science and Technology Innovation Board, which is the leading artificial intelligence company on the Science and Technology Innovation Board, covering various innovative applications such as computing power chips in the upstream of the AI industry chain, cloud computing in the midstream large model, and downstream robots.

Wasion Information has built the core competitiveness of "Internet of Things + Chip + Artificial Intelligence", and in the fields of energy Internet of Things, transparent distribution network, new energy grid connection, load management, orderly charging and consumption, smart fire protection, smart parks, digital twin and intelligence of electricity, water, gas and heat infrastructure, the company continues to innovate application scenarios based on its own comprehensive solutions of AI vertical application technology, and bravely stands at the forefront of the development wave of the era of AI and Internet of Things integration to build core competitiveness.

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