GOLDCUP's subsidiary won a bid for a related project of 681 million yuan for wires and cables

GOLDCUP's wholly-owned subsidiary, GOLDCUP Cable, has won a bid for a wire and cable project worth 681 million yuan. This project is part of the China Datang Corporation Limited's framework procurement for wires and cables for the 2025-2026 fiscal year, with a bidding amount of 1.135 billion yuan. GOLDCUP Cable is expected to receive approximately 681 million yuan based on a 60% winning share

According to the Zhitong Finance APP, GOLDCUP (002533.SZ) announced that its wholly-owned subsidiary GOLDCUP Hengyang Cable Co., Ltd. (referred to as "GOLDCUP Cable") recently received a "Notice of Winning Bid" issued by Beijing Guodian Engineering Bidding Co., Ltd., confirming that GOLDCUP Cable is the first winning bidder for the "China Datang Group Co., Ltd. Material Branch Low Voltage Cable - 2024 China Datang Group Co., Ltd. 2025-2026 Annual Wire and Cable Framework Procurement" project. The bidding amount is 1.135 billion yuan (including tax), and based on the first winning bidder's 60% winning share, the expected winning amount for GOLDCUP Cable is approximately 681 million yuan