SMM

ZTT announced that its wholly-owned subsidiary, ZTT Marine Cable Co., Ltd., has recently received multiple bid-winning notices or pre-bid-winning announcements for marine energy projects, involving multiple projects both domestic and overseas. Among these, it has won the bid for the supply and laying of 500kV submarine cables for the Shenzhen Energy Shanwei Honghaiwan Phase VI Offshore Wind Power Project, and the bid for 220kV and 35kV optical fiber composite submarine cables and accessories, as well as power cables and accessories, for the Ningde Xiapu Offshore Wind Farm Zone B Project. In the international market, ZTT Marine Cable has continuously won bids for oil and gas projects in Saudi Arabia, Qatar, and the UAE, as well as the Brazil High-Voltage Power Interconnection Project and the Vietnam Offshore Wind Power Project. The total amount of the above projects is approximately 1.722 billion yuan, accounting for 3.58% of the company's audited operating revenue for 2024.