On January 10, Gelonghui announced that TRIGIANT (01300.HK) disclosed the results of the tender for the centralized procurement project of optical splitters from CHINA MOBILE for 2025 to 2027 on January 7, 2025, through its procurement and bidding website. The group's wholly-owned subsidiary, Jiangsu TRIGIANT Sensor Technology Co., Ltd., was among the successful bidders, with the specific projects summarized as follows:
The Quote for the centralized procurement project of optical splitters from CHINA MOBILE for 2025 to 2027: TRIGIANT's bid without tax is RMB 294,617,001.19, with tax is RMB 332,917,211.34, and the awarded share is 10.14%.
CHINA MOBILE is one of the main clients of the group, and this centralized procurement has a positive impact on the scale deployment of new infrastructure for 5G. The public announcement period for the bid results has ended, which was from January 7 to 10, 2025.