TRIGIANT Group Positioned as Preferred Bidder in China Telecom's Power Cable Procurement Initiative

Stock News03-03

TRIGIANT Group (01300) has announced that on February 28, 2026, China Telecom released the bid evaluation results for its centralized power cable procurement project (2025-2027) via its online business platform. The group's wholly-owned subsidiary, Jiangsu Trigiant Technology Co., Ltd., has been selected as a preferred bid candidate. The details of the anticipated award are as follows: For the China Telecom Power Cable (2025-2027) Centralized Procurement Project, Trigiant Technology submitted a total bid value of RMB 2,839,275,522.76 (tax inclusive), ranking third among the successful bidders. China Telecom is one of the group's major clients. This centralized procurement initiative is expected to positively contribute to the construction of domestic AI Data Centers (AIDC). In response to the rapid global growth in artificial intelligence (AI) computing demand, the group is intensifying its strategic investments to significantly expand its business presence within the domestic AIDC sector. With the ongoing expansion and rapid development of AIDC infrastructure in China, the company anticipates that this business segment will increase its contribution to the group's overall revenue, serving as a core driver for business growth and leading the group into a new cycle of high-quality development.

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