SMM

Xinhongye announced that its wholly-owned subsidiary, Jiangsu Huaguang Cable & Electric Appliance Co., Ltd., recently received a bid-winning notice from China Nuclear Engineering & Construction Corporation (CNECC) Central China International Engineering Co., Ltd. Jiangsu Huaguang was determined as the bid winner in the tender for the "Procurement Project of Class 1E K3 Low-voltage Power Cables and Nuclear Island Anti-spray Fire-resistant Low-voltage Power Cables for C-5 Project," with a total bid-winning amount of 81.581 million yuan. This project falls within the scope of the company's main business and is expected to have a positive impact on the company's future operating performance.