Qingdao Hanhe Cable Wins 559 Million Yuan State Grid Contracts

MT Newswires Live

2025/03/13

Qingdao Hanhe Cable (SHE:002498) won multiple State Grid Corporation of China contracts worth about 559 million yuan, about 5.79% of its 2023 revenue, according to a Tuesday filing with the Shenzhen bourse.

The deals include cables, accessories, and conductors totaling thousands of kilometers and tons.

The company expects a positive impact on future performance but awaits formal confirmation.

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