According to the announcement from Zhitong Finance APP, hlgf (002498.SZ) announced that, based on the "Announcement of Bidding Results for the First Batch of Framework Bidding Projects for Main Network Line Materials of China Southern Power Grid Company in 2025" and the "Announcement of Bidding Results for the First Batch of Framework Bidding Projects for Distribution Network Materials of China Southern Power Grid Company in 2025" published by China Southern Power Grid, the company won the bid for one package of 35kV-500kV steel core aluminum stranded wire, one package of 35kV-500kV steel core aluminum alloy stranded wire, one package of 35kV-500kV aluminum-clad steel core aluminum alloy stranded wire, one package of 220kV AC power cable, and one package of 110kV AC power cable in the "First Batch of Framework Bidding Projects for Main Network Line Materials of China Southern Power Grid Company in 2025." The company also won the bid for one package of insulated overhead cable and one package of 10kV copper core cross-linked polyethylene insulated power cable (anti-termite flame-retardant type), as well as one package of low-voltage AC power cable in the "First Batch of Framework Bidding Projects for Distribution Network Materials of China Southern Power Grid Company in 2025."

The total estimated amount for the project bid is approximately RMB 907 million. Currently, the company has not yet received the written bid notification from China Southern Power Grid