Group 1 - The company, Tongding Interconnection, announced that it has won preliminary bids for two significant projects, totaling approximately 71,657.51 million yuan, which represents 31.69% of its total sales for similar products in 2024 and 24.58% of its total revenue for 2024 [1] - The company secured a preliminary bid for the State Grid Corporation of China's 2025 10kV power cable procurement, winning three packages with a total bid amount of 21,981.49 million yuan [1] - Additionally, the company was awarded the first position in the China Mobile 2025-2026 feeder product procurement project, with a bid amount of 52,204.87 million yuan and a market share of 18.85% [1] Group 2 - Tongding Interconnection is a high-tech enterprise specializing in the research, production, sales, and engineering services of optical fibers, communication cables, and optical cables [2] - The company focuses on the development of national communication, transportation, and energy networks, leveraging opportunities in the Yangtze River Delta's integrated green development [2] - It has a comprehensive product range covering the entire industry chain, including optical fiber rods, optical-electrical cables, and network equipment, and is recognized as a key supplier for major telecom operators in China [2]

Group 1 - CITIC Construction Investment has received approval from the People's Bank of China to issue up to 6 billion yuan in technology innovation bonds, aimed at supporting investment in the technology innovation sector, with a validity period from June 11, 2025, to June 10, 2027 [1] - Huatai Securities has obtained registration approval from the China Securities Regulatory Commission to publicly issue technology innovation corporate bonds totaling up to 10 billion yuan, valid for 24 months from the date of approval [1] - China Energy Construction has won the EPC general contracting project for the Jiangyin Sulong 2×660 MW Phase IV expansion project, with a bid amount of approximately 5.005 billion yuan and a total construction period of about 22 months [1] Group 2 - Xin'ao Co. has submitted an application for H-share listing on the Hong Kong Stock Exchange through its wholly-owned subsidiary, aiming to privatize Xin'ao Energy Holdings Limited [2] - Power Source has been awarded a centralized procurement project for switch power supply products by China Tower, with a bid amount of 166 million yuan [2] - ST Jiuyou has received a decision from the Shanghai Stock Exchange to terminate its stock listing, which will subsequently transfer to the national SME share transfer system [2] Group 3 - Three squirrels have decided to terminate the acquisition of control over Hunan Ailing Food Technology Co., Ltd. due to failure to reach agreement on core terms [3] - Shangfeng Cement's investee company, Shanghai Chaoqi Semiconductor Co., Ltd., has had its application for listing on the Sci-Tech Innovation Board accepted by the Shanghai Stock Exchange [4] Group 4 - Shan Shui Technology plans to invest approximately 6 billion yuan in a new chemical materials project, covering an area of about 1,000 acres, with an expected annual output value of 8 billion yuan upon completion [5] - Asia Pacific Co. has received a notification of being designated as a supplier for a foreign brand's EPB product project, with a total sales amount expected to be around 680 million yuan over a 5-year lifecycle [6] - Dafu Technology intends to transfer 27% of its stake in Shenzhen Peitian Intelligent Manufacturing Co., Ltd. for 192 million yuan, maintaining control post-transaction [6] Group 5 - San Da Membrane plans to issue H-shares and list on the Hong Kong Stock Exchange, with the board authorizing management to initiate preparatory work for the listing [7] - Baina Qiancheng has signed a cooperation agreement with Mango TV for exclusive licensing, with a total contract value of 372 million yuan [8] - Tongding Interconnection has been pre-selected for two procurement projects by State Grid and China Mobile, with a combined bid amount of approximately 717 million yuan [9] Group 6 - Lakala is planning to issue H-shares and list on the Hong Kong Stock Exchange, currently discussing specific details with relevant intermediaries [10] - Dongfang Shenghong's controlling shareholder's concerted action party plans to increase its stake in the company by 500 million to 1 billion yuan within six months [11]

Core Viewpoint - The company, Tongding Interconnection (002491), has announced significant pre-bid wins in major procurement projects, indicating strong market positioning and potential revenue growth for the upcoming years [1] Group 1: Procurement Wins - The company has pre-bid won the first joint procurement for the 10kV power cable agreement inventory in the East China region from the State Grid Corporation of China for a total amount of 220 million yuan (including tax) [1] - In the centralized procurement project for feeder products from China Mobile (600941) for 2025 to 2026, the company secured the first position with a bid amount of 2.769 billion yuan (excluding tax) and a market share of 18.85%, with a pre-bid amount of 522 million yuan [1] Group 2: Financial Impact - The total pre-bid amount of approximately 717 million yuan accounts for 31.69% of the company's audited total sales for similar products in 2024 and 24.58% of the company's projected revenue for 2024 [1]

Core Viewpoint - Tongding Interconnection has emerged as a strong competitor in the telecommunications and power sectors, securing significant contracts that will bolster its future business development and provide a solid order support [1][2]. Group 1: Telecommunications Sector - Tongding Interconnection ranked first in the bidding for China Mobile's centralized procurement project for feeder line products for 2025-2026, with a winning bid share of 18.85% and a total bid amount of 3.13 billion yuan (including tax), translating to over 580 million yuan in expected contract value [1]. - The project involves the procurement of 12 types of feeder line products, with an estimated procurement scale of approximately 293 million meters, indicating a high entry barrier for bidding companies [1]. - Other candidates in the bidding process included Shenzhen TeFa Information Co., Ltd., Zhejiang Lianjie Technology Co., Ltd., and Jiangsu Hengxin Technology Co., Ltd. [1]. Group 2: Power Sector - On the same day, Tongding Interconnection was also selected as a candidate for the State Grid's 2025 East China region 10kV power cable agreement inventory first joint procurement project, winning three packages with total bid amounts of 143 million yuan, 58 million yuan, and 18 million yuan, respectively, totaling 220 million yuan [1]. - The company has been frequently winning large contracts from central enterprises this year, including projects from the State Grid and China Mobile, which are expected to provide strong order support for its future business development [2].