Tongguang Optoelectronics: The company is expected to win the bid for the State Grid project worth 1.39 billion yuan.
Announcement from Tongguang Cable: Wholly-owned subsidiaries Tongguang Strong Energy and Tongguang Optic Cable recently participated in the 88th and 89th batches of procurement by State Grid Corporation of China for the year 2025, with a total expected bid amount of 139 million yuan. Among them, Tongguang Strong Energy successfully bid for energy-saving conductors and conventional conductors, while Tongguang Optic Cable successfully bid for OPGW optical cables and cable accessories. The amount of this bid accounts for approximately 5.36% of the total audited business revenue in 2024. This bid will have a positive impact on the company's future business performance, and the fulfillment of the contracts will not affect the independence of the company's operations.
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