Core Insights - Junzhi Group (01300.HK) announced that its wholly-owned subsidiary, Jiangsu Junzhi Technology Co., Ltd., has been shortlisted for the centralized procurement project of telecommunication power cables by China Mobile for the years 2025 to 2026 [1] - The bid amount submitted by Junzhi Technology is RMB 1,799,952,662.07, ranking third with a market share of 19.44% [1] - China Mobile is a major client of the group, and this procurement is expected to positively impact the deployment of 5G new infrastructure [1] Company Summary - Junzhi Technology has been identified as a candidate for a significant procurement project by China Mobile, indicating strong business prospects [1] - The bid amount reflects the company's competitive positioning in the telecommunications sector [1] Industry Summary - The centralized procurement project by China Mobile is part of the broader 5G infrastructure development, which is crucial for the telecommunications industry [1] - The project is expected to enhance the scale of 5G new infrastructure deployment, benefiting companies involved in telecommunications equipment and services [1]