The subsidiary of Wuxi Xinhongye Wire & Cable (301310.SZ), Jiangsu Huaguang, has successfully won a bid for a cable project worth 81.58 million yuan.

Wuxi Xinhongye Wire & Cable(301310.SZ) announced that its wholly-owned subsidiary Jiangsu Huaguang Cable and Appliance Co., Ltd. ("Jiangsu Huaguang") has recently received a notification of winning the bid from China Zhongyuan Overseas Engineering Co., Ltd. Jiangsu Huaguang has been determined as the winning bidder in the bidding for the "C-5 Project 1E Level K3 Class Low-Voltage Power Cable and Nuclear Island Anti-sprinkler Fire-resistant Low-Voltage Power Cable Procurement Project," with a total contract amount of 81.581 million RMB.