Golden Cup Electric's wholly-owned subsidiary Golden Cup Cable has won the bid for China Datang Group's 2026-2027 wire and cable framework procurement project, covering three lots: low-voltage cables, 1-35kV aluminum alloy power cables, and 6-35kV copper-core and aluminum-core power cables. The estimated total winning bid amount is approximately 1.15 billion yuan including tax, accounting for about 5.01% of the company's audited 2025 annual revenue. This win is conducive to consolidating the company's business foundation in the centralized procurement market for wire and cable by large state-owned energy enterprises, but the formal contract has not yet been signed and there is some uncertainty.
Goldcup Electric Apparatus Co LtdWon a 1.15 billion yuan procurement project from Datang Group, representing 5.01% of annual revenue.