Tongguang Optoelectronic: Subsidiary is expected to win the bid for a 1.08 billion yuan State Grid project.

On February 6th, Tongguang Cable announced that its wholly-owned subsidiaries Jiangsu Tongguang Qiangneng Transmission Line Technology Co., Ltd. and Jiangsu Tongguang Optic Cable Co., Ltd. has been provisionally awarded the projects of "National Grid Corporation of China's 66th batch of procurement in 2025, and the first device material open bidding procurement for the transmission and transformation project in 2026" with a provisional bid amount of 1.08 billion RMB, accounting for approximately 4.18% of the company's total revenue in 2024.