Xintian Technology won the bid for RMB 50 million for Hefei Yuanchuan Water Meter Project

[China Instrument Network Instrument Company] May 24, Xintian Technology announced that the company participated in the Hefei Water Supply Group DN (15 ~ 25mm) passive photoelectric direct-reading rotor liquid seal remote cold water meter fixed-point supplier project tender results It has been announced that Xintian Technology has become the successful bidder for this project, with a bid amount of 57.645 million yuan, accounting for 15.15% of the company's 2015 operating revenue.

The tender announcement for this project was announced in December 2015. The Hefei Water Supply Group commissioned Anhui Hefei Public Resource Exchange Center to release a budget of RMB 78 million for domestic open bidding. The procurement of water meters of this type is DN (15-25mm) wet-rotor type liquid-encapsulated, photoelectric passive direct-reading electronic remote cold water water meter procurement, identified three suppliers, namely Xintian Technology, Juyang Instrument and Ningbo Sincerely, science and technology. The successful bidder is responsible for the meter supply and supporting services required by the purchaser during the fixed period. The fixed-term period is 3 years, and the fixed-point period starts from the signing date of the contract.

However, after publicizing the results of the successful bid, the results have changed. Finally, in March of this year, Hefei Water Supply Group announced the announcement of changes in project review results. Hefei Juyang Instrument Co., Ltd. and Ningbo Jingcheng Technology Co., Ltd.'s winning results were found to be invalid.

Xintian Technology won the bid. The project fully embodies the company's advanced products and technologies in the field of water meters and consolidates the status of the industry's leading companies. It is expected to have a positive impact on the company's future operating performance and effectively promote the company's profitability.

(Source: China Government Procurement Network, Anhui Hefei Public Resource Trading Center, Xintian Technology)

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