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Zhiguang Electric: Lingnan Cable wins bid for Southern Power Grid project with a bid amount of 182 million yuan
Zhiguang Electric announced that its subsidiary, Guangzhou Lingnan Cable Co., Ltd., recently received a bid award notice. Lingnan Cable was awarded the second batch framework procurement project for main grid line materials by China Southern Power Grid Corporation for 2025. The bid for Package 2 was 108 million yuan, for 110kV AC power cables; and the bid for Package 3 was 73.795 million yuan, for 220kV AC power cables. The total bid amount for these projects is 182 million yuan. The successful bids are expected to have a positive impact on the company’s operating performance and will help further enhance Lingnan Cable’s brand influence.