Core Insights - Tongguang Cable's wholly-owned subsidiaries, Tongguang Qiangneng and Tongguang Cable, have been announced as candidates for the 65th batch of procurement by State Grid Corporation of China for 2025, specifically for the fifth round of bidding for transmission and transformation project materials [1] Summary by Categories Procurement Details - Tongguang Qiangneng is expected to win bids for energy-saving conductors and conventional conductors, with bid amounts of 99.65 million yuan and 19.28 million yuan respectively [1] - Tongguang Cable is anticipated to win a bid for OPGW cables, with a bid amount of 18.87 million yuan [1] - The total expected bid amount is approximately 138 million yuan [1] Financial Impact - The expected bid amount represents about 5.31% of the company's audited total revenue for 2024, indicating a positive impact on future operating performance [1] Current Status - The projects are currently in the pre-bid announcement stage, and there remains uncertainty regarding the finalization of actual orders [1]
通光线缆:预中标约1.38亿元国家电网输变电项目线路装置性材料采购