Jiangsu Tongguang Electronic Wire&Cable (300265.SZ) has been awarded a 1.08 billion yuan contract for a national power grid project.
According to the announcement of Tongguang Cable (300265.SZ), the company's wholly-owned subsidiaries, Jiangsu Tongguang Strong Power Transmission Cable Technology Co., Ltd. ("Tongguang Strong Power") and Jiangsu Tongguang Optical Cable Co., Ltd. ("Tongguang Optical Cable"), recently participated in the "66th batch of procurement by State Grid Corporation of China in 2025 (fifth material tender procurement for UHV projects) and the first open tender procurement of installation materials for State Grid Corporation of China's 2026 power transmission projects". According to the public announcement of the winning bid candidates, the total amount of this bid is 1.08 billion yuan.
Jiangsu Tongguang Electronic Wire & Cable (300265.SZ) announced that its wholly-owned subsidiaries Jiangsu Tongguang Qiangneng Power Transmission Line Technology Co., Ltd. ("Tongguang Qiangneng") and Jiangsu Tongguang Optical Cable Co., Ltd. ("Tongguang Optical Cable") recently participated in the "State Grid Corporation of China's 66th batch of procurement in 2025 (fifth bid procurement for ultra-high voltage projects) and the first bid procurement of equipment materials for State Grid Corporation of China's 2026 transmission and transformation projects." According to the announcement of the winning bidders, the total amount of the winning bid this time is 1.08 billion yuan.
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