CSGC Holdings: The Company and Its Subsidiaries Win Bids for Projects Worth 1.061 Billion Yuan

Published: Jun 18, 2025 10:23

China Superconductor Holdings announced that its wholly-owned subsidiaries, Mingzhu Cable, Yuanfang Cable, Changfeng Cable, and its holding subsidiary, Zhongchao Cable, have recently won bids for multiple power cable projects, with a total bid-winning amount of 1.061 billion yuan. Among them, Zhongchao Cable won bids worth 66.4076 million yuan, Mingzhu Cable won bids ranging from 12.5 million yuan to 30.1683 million yuan, Yuanfang Cable won bids ranging from 9.3113 million yuan to 15.995 million yuan, and Changfeng Cable won bids worth 13.6278 million yuan. The bid-winning amount accounts for 19.29% of the company's audited total operating revenue for 2024.

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