Zhong Fu Tong Group (300560.SZ) won the bid for the construction of municipal pipeline projects in multiple communication engineering projects.

Zhong Fu Tong Group (300560.SZ) announced that the company has recently received the bid-winning notification from the bidding agency Jiangsu Zhongbo Communication Co., Ltd for the "China Telecom Corporation Jiangsu Company's 2024 Nanjing Area Communication Engineering City Pipeline Construction Centralized Bid Project", "China Telecom Corporation Jiangsu Company's 2024 Suzhou Area Communication Engineering City Pipeline Construction Centralized Bid Project", and "China Telecom Corporation Jiangsu Company's 2024 Yancheng Area Communication Engineering City Pipeline Construction Centralized Bid Project". The company is the sixth bid-winning bidder in Nanjing, the fourth bid-winning bidder in Suzhou, and the third bid-winning bidder in Yancheng. The total estimated bid amount is 87.3 million yuan.