Jiangsu Tongguang Electronic Wire & Cable (300265.SZ) subsidiary has been preliminarily awarded a 130 million yuan project by the State Grid.
Tongguang Cable (300265.SZ) released an announcement stating that its wholly-owned subsidiaries, Jiangsu Tongguang Qiangneng Transmission Line Technology Co., Ltd. and Jiangsu Tongguang Optical Cable Co., Ltd., have been shortlisted for the "State Grid Corporation of China's 2026 Power Transmission and Transformation Project Fourth Public Bidding Procurement of Fixture Materials" project, with the bidder being the State Grid Corporation of China. The total pre-bid amount for the project is approximately 130 million yuan, which accounts for about 5.09% of the audited total operating revenue for the year 2025.
Jiangsu Tongguang Electronic Wire & Cable (300265.SZ) announced that its wholly-owned subsidiaries, Jiangsu Tongguang Qiangneng Power Transmission Wire Technology Co., Ltd. and Jiangsu Tongguang Optical Cable Co., Ltd., have been pre-awarded the "State Grid Corporation of China 2026 Power Transmission and Transformation Project Fourth Equipment Material Public Tender Procurement" project, with the tendering party being the State Grid Corporation of China. The total pre-awarded amount for the project is 130 million yuan, which accounts for approximately 5.09% of the audited total operating income for the year 2025.
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