Wuxi Xinhongye's Subsidiary Secures CNY 41.88 Million Contract for Haiyang Nuclear Power Project

Stock News05-27

Wuxi Xinhongye Wire&Cable Co.,Ltd. (301310.SZ) has announced that its wholly-owned subsidiary, Jiangsu Huaguang Cable & Electrical Appliance Co., Ltd., recently received a notice of award from Shanghai Nuclear Engineering Research & Design Institute Co., Ltd. Jiangsu Huaguang has been selected as the winning bidder for the "Shanghai Nuclear Engineering Research & Design Institute Haiyang Nuclear Power Units 3 and 4 (HYS) BOP Cables and Conventional Island Cables (EW00) Project," with a total awarded amount of CNY 41.8809 million. This awarded project falls within the company's core business operations. The formal signing and successful execution of this contract are expected to positively impact the company's future performance, without compromising its operational independence.

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