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TongDa Cable is expected to win a bid for a 137 million yuan State Grid procurement project

Zhitong
Jun 17, 2025 at 03:52 AM
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TongDa Cable recently announced that it is expected to win the bid for the State Grid Corporation of China's 2025 East China region low-voltage power cable procurement project, with a total material value of approximately 137 million yuan, which is expected to account for 2.20% of the company's total operating revenue in 2024. The public announcement period is 3 days, ending at 24:00 on June 19, 2025

According to the Zhitong Finance APP, TongDa Cable (002560.SZ) announced that the State Grid Corporation of China’s e-commerce platform recently published the "Announcement of Recommended Bidders for the First Joint Procurement of Low Voltage Power Cables in the East China Region for 2025" in the "Tender Procurement\Announcement of Recommended Bidders." The announcement period is 3 days, ending at 24:00 on June 19, 2025. The company estimates that the total value of the materials it is expected to win in the above announcement is approximately RMB 137 million, accounting for about 2.20% of the company's total revenue for the fiscal year 2024

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TongDa Cable

TongDa Cable

002560.SZ

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