The marine economy is entering a fast track of development, and related listed companies are frequently winning orders

With the in-depth advancement of the national marine power strategy and the continuous rise in global marine resource development demand, China's marine economy is showing a rapid development trend. Related industry chain enterprises continue to secure significant project orders both domestically and internationally, demonstrating strong market competitiveness and industrial growth potential. On October 17th, ZTT announced that its subsidiaries, ZTT Submarine Cable Co., Ltd. and ZTT Marine Systems Co., Ltd., have recently received project bidding notices or pre-bidding announcements, confirming multiple marine series projects with a total amount of approximately 1.788 billion yuan. A relevant person in charge of ZTT stated that the company has always seized the opportunities for marine economic development. As of now, the company has established core capabilities in the entire industry chain of "R&D—manufacturing—construction—operation and maintenance" in the fields of marine energy and information transmission, forming a differentiated competitive advantage of "in-depth technology + full-chain service." In the future, the company will also focus on emerging application scenarios such as deep-sea oil and gas, deep-sea mining, and deep-sea disaster prevention, and deeply participate in the construction of major national deep-sea projects