---
title: "TGC: The company is expected to win the bid for the State Grid procurement project, with a bid amount of 108 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255143900.md"
description: "TGC announced that its wholly-owned subsidiary participated in a procurement project of State Grid Corporation of China and has been listed as a candidate for the bid, with an expected bid amount of 108 million yuan, accounting for 4.17% of the audited operating income for 2024. This successful bid is expected to have a positive impact on the company's future performance, but there remains uncertainty regarding actual orders and delivery"
datetime: "2025-08-29T07:45:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255143900.md)
  - [en](https://longbridge.com/en/news/255143900.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255143900.md)
generator: "portal-rs"
---

# TGC: The company is expected to win the bid for the State Grid procurement project, with a bid amount of 108 million yuan

TGC announced that its wholly-owned subsidiaries TGC Qiangneng, TGC Optical Cable, and TGC Information participated in the State Grid Corporation of China's 49th procurement batch for 2025, and the list of winning candidates was announced on August 28, 2025. The amount of this bid accounts for approximately 4.17% of the total audited operating income for 2024. This winning bid has a positive impact on the company's future operating performance, but there remains some uncertainty regarding the final formation of actual orders and completion of delivery. The bid amounts are 65.48 million yuan for energy-saving wires, 23.65 million yuan for conventional wires, 12.49 million yuan for ADSS optical cables, and 6.43 million yuan for optical cable accessories, totaling 108 million yuan

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**