TGC's subsidiary is expected to win a bid for approximately 138 million yuan in a State Grid project

According to the Zhitong Finance APP, TGC announced that its wholly-owned subsidiaries, Jiangsu TGC Qiangneng Transmission Line Technology Co., Ltd. (referred to as "TGC Qiangneng") and Jiangsu TGC Optical Cable Co., Ltd. (referred to as "TGC Optical Cable"), recently participated in the "State Grid Corporation of China's 2025 65th Batch Procurement (Fifth Bid for Transmission and Transformation Project Line Installation Materials)." According to the relevant announcement of the shortlisted candidates, the total pre-bid amount for the company's subsidiaries is approximately 138 million yuan

The ultra-high voltage sector continued to weaken in the afternoon, with Hangzhou Cables and SAC both hitting the daily limit down. ZHONHEN, ZHONG CHAO HOLDING, Dongcai Technology, Far East Co., Ltd, and TGC also followed suit

TGC released its performance for the first three quarters, with a net profit attributable to the parent company of 32.1334 million yuan, a decrease of 38.19%

TGC released its Q3 2025 report, with operating revenue for the first three quarters amounting to 1.91 billion yuan, a year-on-year increase of 0.29%. The net profit attributable to the parent company was 32.1334 million yuan, a year-on-year decrease of 38.19%; the net profit excluding non-recurring gains and losses was 24.7835 million yuan, a year-on-year decrease of 45.57%. The basic earnings per share were 0.07 yuan

TGC: The cumulative deviation value of the trading price of convertible bonds has reached 30% over the past 2 trading days

TGC announced that the trading price of its convertible bonds has deviated by a cumulative increase of 30% over two consecutive trading days. As of October 20, 2025, the price of "TGC Convertible Bonds" is 181.05 yuan per bond, with a conversion value of 121.32 yuan, representing a premium of 49.23%. The company's operating conditions and internal and external environment have not undergone significant changes, and no major information or risks have been identified that could lead to abnormal fluctuations in the price of the convertible bonds

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 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