Zhongtian Technology: Recently, the company and its holding subsidiaries have won bids for domestic and international communication and power projects, with a total bid amount of 36.17 billion yuan.

date
17/06/2025
ZTE Corporation announced that the company and its holding subsidiaries have recently received notification of winning bids, pre-winning bid notifications, or signed relevant contracts, confirming the pre-winning bids/winning bids for multiple communication and power projects at home and abroad. The total amount of the winning bids is 3.617 billion yuan, with approximately 1.77 billion yuan for communication projects and approximately 1.847 billion yuan for power projects. The communication projects include the centralized procurement of ordinary optical cables, butterfly optical cables, feeder products by China Mobile, and the centralized procurement of switch power products by China Tower. The power projects include energy-saving conductors and special conductors purchased by State Grid Corporation of China. This winning bid accounts for 7.53% of the company's audited operating income in 2024 and will have a positive impact on the company's subsequent annual operating performance.