A subsidiary of Junzhi Group is expected to win the bid for the concentrated procurement project of power cables (copper cables) for China Steel Tower in 2025

Junzhi Group (01300.HK) announced that on June 27, 2025, China Tower published the results of the 2025 Centralised Procurement Project for Power Cables (Copper Cables) (hereinafter referred to as the "Bid Award Announcement") through its online business platform. Jiangsu Junzhi Technology Co., Ltd., a wholly-owned subsidiary of the Group, was a candidate for the relevant bid. The specific projects it is expected to win are as follows:

2025 Centralised Procurement Project for Power Cables (Copper Cables) of China Tower: The bid price offered by Junzhi Technology, excluding tax, was RMB 597,899,777.79 yuan, and including tax, it was RMB 675,626,748.96 yuan. It ranked first in the bid and secured a 30% share.

China Tower is one of the Group's major clients. This centralised procurement will play a positive role in promoting the large-scale deployment of 5G new infrastructure. The public announcement period for the Bid Award Announcement has ended, lasting from June 27 to 30, 2025. Investors are advised to make cautious investment decisions and pay attention to investment risks.