Wasion Group Holdings Limited
WASION GROUP: Awarded AMI Contract of RMB 44.13 million from Shaanxi Province – Strive to speed up business development under the Electricity Reform
【 For Immediate Release】 Awarded AMI Contract of RMB 44.13 million Strive to speed up business development (9 December 2015, Hong Kong) Wasion Group Holdings Limited (“Wasion Group”, together with its subsidiaries, the “Group”; stock code: 3393.HK), a leading energy metering and energy management expert in China, is pleased to announce that the Group has won 2 contracts of RMB 44.13 million contract value under Shaanxi Province Power (Group) Company Limited. Waison was the biggest winner of the tender winning the contracts with largest contract value among peers. Mr. Ji Wei, Chairman of the Group commented, “The Group is very honoured to win the trust of the provincial power company, allowing the Group’s quality products and services to have nationwide penetration. National Development and Reform Commission as well as National Energy Administration officially announced the six major electricity mechanism reform documents last week listing the detailed guidelines for further electricity reform. The document mentioned about the gradual expansion of the reform pilot points for electrity transmission and distribution, establishment of relatively independent electricity transaction organizations, permission of direct electricity transaction between qualified users and power companies as well as prioritized electricity generation systems etc. The Group believes, these policies will boost the domestic demand for highly efficient devices and energy saving solutions which are safe, clean and reliable. Looking ahead, the market will need more quality smart meters as well as smart electricity distribution systems and solutions to achieve the ultimate goal, which in turn will bring magnificent business opportunities to the Group. The Group will, adhere to the corporate mission of being the “Energy metering and Energy Management Expert”, to grow with sustained innovations and to put effort in pushing forward the development of China electricity market.” – Ends – About Wasion Group Holdings Limited For investor inquiries, please feel free to contact For media inquiries, please feel free to contact
Fax: (852) 3753 2899 End of Press Release +++++ Document: http://n.equitystory.com/c/fncls.ssp?u=IYNXWJROWT Document title: Awarded AMI Contract of RMB 44.13 million from Shaanxi Province – Strive to speed up business development under the Electricity Reform Key word(s): Miscellaneous
09/12/2015 Dissemination of a Press Release, transmitted by EQS TodayIR – a company of EQS Group AG. |