---
title: "NBO won the bid for the marine and land cable products and installation construction project, with a total amount of approximately 2.374 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261461694.md"
description: "According to the Zhitong Finance APP, NBO announced that recently, the company and its wholly-owned subsidiary Ningbo Submarine Cable Research Institute Engineering Co., Ltd. (hereinafter referred to as \"Oriental Marine Engineering Institute\") have successively received relevant bid notification letters, confirming that the company and the Oriental Marine Engineering Institute are the successful bidders for the relevant projects. The total amount of the projects won by the above companies and the Oriental Marine Engineering Institute is approximately 2.374 billion yuan, accounting for 26.11% of the company's audited operating income for the year 2024"
datetime: "2025-10-16T13:13:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261461694.md)
  - [en](https://longbridge.com/en/news/261461694.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261461694.md)
generator: "portal-rs"
---

# NBO won the bid for the marine and land cable products and installation construction project, with a total amount of approximately 2.374 billion yuan

According to the Zhitong Finance APP, NBO (603606.SH) announced that recently, the company and its wholly-owned subsidiary Ningbo Submarine Cable Research Institute Engineering Co., Ltd. (hereinafter referred to as "Dongfang Haigongyuan") have successively received relevant bid notification letters, confirming that the company and Dongfang Haigongyuan are the successful bidders for the relevant projects. The total amount of the projects won by the above companies and Dongfang Haigongyuan is approximately 2.374 billion yuan, accounting for 26.11% of the company's audited operating income for the year 2024

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