On July 5th, Golonghui: Tongguang Electronic Cable (300265.SZ) rose more than 14% in early trading, currently trading at 6.78 yuan, with a narrowed increase of 6.6%, and a total market value of 3.1 billion yuan. The company's wholly-owned subsidiaries, Tongguang Qiangneng, Tongguang Optical Cable and Tongguang Information, recently participated in the bidding for the 43rd and 44th batches of procurement projects of the State Grid in 2024, with a total pre-awarded amount of 308.73 million yuan. The bidding result has a positive impact on the company's future business performance, and the fulfillment of the contract will not affect the independence of the company's operation.
A股异动 | 通光线缆盘初大涨超14% 预中标30873万元国家电网项目
A-share fluctuations | Tongguang Electronic Wire & Cable surges over 14% at the beginning of the trading day, expected to win the bidding for a 308.73 million yuan State Grid project.
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