Tongguang Optical Cable Enters State Grid Supplementary Winning List, Total Winning Amount Restored to 129.5 Million Yuan

Corporate ActionIndustry
โดย Jiemian·CN·Read original
Summary · why it matters

Jiangsu Tongguang Electronic Wire and Cable Co., Ltd. announced on September 10 that, according to the supplementary list of winning bidders published on the State Grid e-commerce platform, its wholly-owned subsidiary Jiangsu Tongguang Optical Cable Co., Ltd. has entered the winning bidder list for the OPGW optical cable category, Package 3. As a result, the combined winning amount of the company's wholly-owned subsidiaries Tongguang Qiangneng, for conductors at 107.62 million yuan, and Tongguang Optical Cable, for OPGW optical cable at 21.88 million yuan, has been restored to 129.5 million yuan, accounting for 5.09 percent of the company's audited operating revenue for 2025. Previously, the company disclosed a preliminary winning announcement on September 4, and on September 9 disclosed a progress announcement stating that Tongguang Optical Cable had not entered the winning bidder list and the actual winning amount was 107.62 million yuan. Following the release of this supplementary list, the winning amount has been restored to the original preliminary winning level. The company stated that a formal contract has not yet been signed, and there remains uncertainty regarding the final formation of actual orders and completion of delivery.

Impact on stocks 1

Others▲ · 1 stocks

Theme Impact 1

Related news

2

PG&E Commits $73 Million to Community Microgrids in New Funding Phase

PG&E announced a new phase of its community microgrid program backed by US$73 million in funding commitments, disclosing fresh grant agreements and a second round of awards for local clean energy resilience projects. The new funding extends the utility's community microgrid efforts into additional regions that have faced recurring outage and reliability concerns. PG&E operates a large regulated utility through Pacific Gas and Electric Company, supplying electricity and natural gas across northern and central California, and expanding community microgrids ties directly into how this US$29.5b operator manages reliability for its service territory. The clearest early signal to track is how many of the funded microgrid projects actually reach construction and successful operation on schedule, with PG&E securing timely cost recovery approvals from regulators for the roughly US$73 million already authorized and future tranches that could follow this template.
PCG ▲
Energy Transition & Power Demand ▲Smart City / Autonomous Infrastructure
Simply Wall St·4hRead more →
▲

Valmont Industries Raises 2026 Guidance as Shares Trade Below Fair Value

Valmont Industries has raised its 2026 sales and earnings guidance, a move that comes after an 18.6% six-month share rally tied to utility demand and grid modernization. The stock is up 15.3% year to date and has delivered a 1-year total shareholder return of 27.4%, while its 3-year and 5-year total shareholder returns of just over 2x reflect the payoff from the grid modernization theme. Against a last close of $474.64, the most followed valuation narrative pins fair value at about $624.50, implying the shares are 24% undervalued. Valmont's investments in capacity, automation, and AI are expected to unlock between $350 and $400 million in incremental annual revenue and support higher earnings and margins as the multi-year cycle unfolds. The bullish case leans heavily on infrastructure and agriculture cycles, so weaker project spending or sustained material cost pressure could quickly challenge that 24% discount story.
VMI ▲
Energy Transition & Power Demand ▲Smart City / Autonomous Infrastructure ▲
Simply Wall St·5hRead more →

NT joins hands with MEAei to launch NEXA EV Station Hub project, building a nationwide EV network

The State Railway of Thailand is not involved. This is a collaboration between National Telecom Public Company Limited, or NT, and MEA Smart Energy Solutions Company Limited, or MEAei, to develop a Smart EV Ecosystem Management project. Suwanna Hansajarupan, Senior Executive Vice President for the Enterprise Business Division at NT, and Patra Suwandech, Director and Acting Managing Director of MEAei, signed the agreement, with Associate Professor Dr. Rangsan Wongsan, Chairman of MEAei, presiding over the ceremony at NT's headquarters on Chaeng Watthana Road. Under this collaboration, NT will put its existing non-telecom space nationwide to strategic use and will support communications networks and digital platforms such as cloud computing, data platforms, charging management systems, cybersecurity, and IoT platforms. The two organizations will develop the project under the name NEXA EV Station Hub, which comprises the concepts N for National Network, NT's nationwide network; E for Energy Ecosystem, MEAei's energy ecosystem; X for Experience and Connection, user connectivity and experience; and A for Access for All, access to services for everyone. The goal is not merely to increase the number of electric vehicle charging stations, but also to cover the development of digital infrastructure and data management systems in order to create an EV ecosystem that links various services in a fully integrated way.
Electrification & Mobility ▲Smart City / Autonomous Infrastructure
Kaohoon·6hRead more →
© 2026 MarketDXNews