--- title: "FREELYNET (603602): Won the bid for a procurement project from China Mobile (Hangzhou) Information Technology Co., Ltd., with a bid amount of 2.6712 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/288005614.md" description: "FREELYNET (603602) won the bid for a procurement project from China Mobile (Hangzhou) Information Technology Co., Ltd., with an amount of 2.6712 million yuan. The operating revenue for 2025 is expected to be 1.836 billion yuan, with a net profit of -163 million yuan. In the first quarter of 2026, the operating revenue is expected to be 449 million yuan, with a net profit of 5 million yuan" datetime: "2026-05-29T03:42:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288005614.md) - [en](https://longbridge.com/en/news/288005614.md) - [zh-HK](https://longbridge.com/zh-HK/news/288005614.md) --- # FREELYNET (603602): Won the bid for a procurement project from China Mobile (Hangzhou) Information Technology Co., Ltd., with a bid amount of 2.6712 million yuan According to Tongbi Finance, data from Qichacha shows that based on the "Public Announcement of the Selection Results for the Guangdong Province Education Service Procurement Project by China Mobile (Hangzhou) Information Technology Co., Ltd. for 2026 to 2027," Hangzhou FREELYNET Co., Ltd. announced on May 29, 2026, that it won the bid for the procurement project of China Mobile (Hangzhou) Information Technology Co., Ltd., with a bid amount of 2.6712 million yuan. Related listed company: FREELYNET (603602.SH) _Tongbi Finance Tip:_ _FREELYNET (603602.SH) had an operating income of 1.836 billion yuan in 2025, with an operating income growth rate of 10.30%. The net profit attributable to the parent company was -163 million yuan, with a net profit growth rate of -964.35%, and a return on net assets of -17.04%._ _In the first quarter of 2026, the company's operating income was 449 million yuan, with an operating income growth rate of 29.92%. The net profit attributable to the parent company was 5 million yuan, with a net profit growth rate of 45.22%._ _Currently, the company belongs to the information technology industry, with the main product types being communication systems and platforms. The main business composition in the 2025 report is as follows: full-domain digital marketing services: 65.46%; 5G new infrastructure: 25.05%; smart services for government and enterprise sectors: 8.7%; other businesses: 0.78%._ ### Related Stocks - [603602.CN](https://longbridge.com/en/quote/603602.CN.md) - [600941.CN](https://longbridge.com/en/quote/600941.CN.md) - [515880.CN](https://longbridge.com/en/quote/515880.CN.md) - [159695.CN](https://longbridge.com/en/quote/159695.CN.md) - [515050.CN](https://longbridge.com/en/quote/515050.CN.md) - [159511.CN](https://longbridge.com/en/quote/159511.CN.md) ## Related News & Research - [China Mobile Sets Out Updated Board and Committee Line-Up](https://longbridge.com/en/news/289891271.md) - [Sebastian Kurz went from Austria's youngest chancellor to building a $3 billion AI cybersecurity startup](https://longbridge.com/en/news/290216689.md) - [REG - Polar Cap Glb Health PCGH ZDP PLC - Factsheet](https://longbridge.com/en/news/290208085.md) - [SpaceX Has a Glaring Problem. Here's What Investors Can Do About It.](https://longbridge.com/en/news/290317694.md) - [REG - Natixis Structured - Notice to the noteholders XS3267329079](https://longbridge.com/en/news/290200655.md)