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东方电缆:中标海缆产品及敷设施工项目

Ningbo Orient Wires & Cables: Awarded the construction project for submarine cable products and installations.

Breakings ·  Dec 31, 2024 17:26

Ningbo Orient Wires & Cables announced that the company recently received the relevant award notice, confirming it as the winning bidder for related projects. Specific bidding details include: the China Huaneng ShanDong branch's 220kV and 66kV submarine cable project at the Peninsula North L site, with a bid amount of approximately 0.985 billion yuan; the EPC project for the 66kV submarine cable at the Three Gorges Yangjiang Qingzhou Seven offshore wind farm, with a bid amount of approximately 0.29 billion yuan. The total bid amount for the above projects is approximately 1.275 billion yuan. The fulfillment of these contracts will have a positive impact on the company's future operational performance but will not affect the company's operational independence. The company has now received the award notice and is gradually signing formal contracts with trading partners, with uncertainties remaining in the contract signing and terms. The project's implementation may be affected by factors such as market, economy, politics, and natural disasters, and investors are advised to pay attention to risks.

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