Tongguang Cable (300265.SZ): Pre-bid for the National Grid Project totaling 165 million yuan
On April 30, Ge Longhui Cable (300265.SZ) announced that its wholly-owned subsidiaries, Jiangsu Tongguang Strong Energy Transmission Line Technology Co., Ltd. (“Tongguang Strong Energy”), Jiangsu Tongguang Optical Cable Co., Ltd. (“Tongguang Optical Cable”), and Jiangsu Tongguang Information Co., Ltd. (“Tongguang Information”), recently participated in the 19th batch of “State Grid Co., Ltd. 2024 (the first tender and procurement of equipment materials for power transmission and transformation projects)”, “State Grid Co., Ltd. 2024 (transmission and transformation project 20th batch procurement)”, “State Grid Co., Ltd. 2024 (transmission and transformation project 20th batch procurement) 35-330 kV material (Agreed inventory bidding and procurement)”
Tongguang Cable (300265.SZ): Net profit of RMB 11.052 million in the first quarter decreased by 68.46% year on year
On April 25, Ge Longhui Cable (300265.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 455 million yuan, down 26.28% year on year; net profit attributable to shareholders of listed companies was 11.052 million yuan, down 68.46% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 6.425,500 yuan, down 79.18% year on year; basic earnings per share were 0.02 yuan.
Tongguang Cable (300265.SZ): 2023 net profit of 101 million yuan, plans to distribute 10.8 yuan
On April 23, Ge Longhui Cable (300265.SZ) announced its 2023 annual report, with operating income of 2,347 billion yuan, up 12.67% year on year; net profit attributable to shareholders of listed companies was 101 million yuan, up 24.13% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 85,1003 million yuan, up 90.39% year on year; basic income per share was 0.25 yuan; it plans to distribute a cash dividend of 0.8 yuan (tax included) for every 10 shares to all shareholders.
Tongguang Cable (300265.SZ): Wholly-owned subsidiary re-certified as a high-tech enterprise
Gelonghui Cable (300265.SZ) announced on March 25 that the company's wholly-owned subsidiaries, Jiangsu Tongguang Strong Energy Transmission Line Technology Co., Ltd. (“Tongguang Strong Energy”), and Jiangsu Tongguang Ocean Optoelectronics Technology Co., Ltd. (“Tongguang Ocean”) recently received the “High-tech Enterprise Certificate” jointly issued by the Jiangsu Provincial Department of Science and Technology, the Jiangsu Provincial Department of Finance, and the Jiangsu Provincial Taxation Bureau of the State Administration of Taxation.
Tongguang Cable (300265.SZ) In 2022, the company's fiber optic cable products accounted for 36.35% of the revenue
Gelonghui March 18 丨 Tongguang Cable (300265.SZ) said on the investor interactive platform that the company's fiber optic cable products are mainly used in the field of optical communication. In 2022, the company's fiber optic cable products accounted for 36.35% of revenue.
Optical cable (300265.SZ): robot control cables and robot harness products are mainly used in the field of industrial automation
Gelonghui March 15 丨 Tongguang Cable (300265.SZ) said on the investor interactive platform that the company's robot control cables and robot harness products are mainly used in the field of industrial automation.
Tongguang Cable (300265.SZ): Currently, it has the production capacity of medium and low voltage submarine cables to achieve small-batch supply
Gelonghui March 15 | Tongguang Cable (300265.SZ) said on the investor interactive platform that the company's fund-raising project high-end marine equipment energy system project is still under construction. The company currently has production capacity for medium- and low-voltage submarine cables, and has been able to supply them in small quantities.
Tongguang Cable (300265.SZ): The holding subsidiary Derou Cable has now completed the sale of small-batch robot control cables and robot harness products
Gelonghui March 14 | Tongguang Cable (300265.SZ) said on the investor interactive platform that the company's holding subsidiary Derou Cable has now completed the sale of small-batch robot control cables and robot harness products. The company will continue to increase investment in R&D, continuously optimize performance, and strive to increase market share.
Tongguang Cable (300265.SZ): No repurchases or new employee stock ownership plans
On March 11, Gelonghui Cable (300265.SZ) said on the investor interactive platform that the company has no repurchases or new employee stock ownership plans. If there is such a plan in the future, the relevant information disclosure obligations will be fulfilled in a timely manner.
Tongguang Cable (300265.SZ): The main customers are operators such as China Telecom, China Radio and Television
Gelonghui March 11 | Tongguang Cable (300265.SZ) said on the investor interactive platform that the company's communication optical cable products are basic general materials for communication network construction and are used in 4G/5G communication network construction. The main customers are operators such as China Telecom and China Radio and Television.
Express News | Tongguang Cable: The subsidiary won the bid for the 203 million yuan national grid procurement project
Optical Cable (300265.SZ): Provides transmission wires and power optical cable products for UHV flexible DC projects
Gelonghui January 31 丨 Tongguang Cable (300265.SZ) said on the investor interactive platform that the company provided transmission wires and power optical cable products for UHV flexible DC projects. These two types of products are versatile in transmission line construction, and UHV flexible DC projects have no special technical requirements for these two types of products.
Tongguang Cable (300265.SZ): Intended to apply for a merger and acquisition loan of RMB 105 million
Gelonghui January 31 | Tongguang Cable (300265.SZ) announced that in order to optimize the financing structure and improve the efficiency of capital use, the company plans to apply for a merger and acquisition loan of RMB 105 million from China Merchants Bank Co., Ltd. Nantong Branch for a period of 60 months to pay for part of the merger and acquisition of the company's acquisition of 100% of Tongguang Optical Fiber's shares. The company uses 100% of Tongguang Optical Fiber's shares to guarantee the merger and acquisition loan. The specific loan amount, loan interest rate, loan term and pledge guarantee conditions are subject to the final contract signed between the company and China Merchants Bank Co., Ltd. Nantong Branch. At the same time, the Board of Directors
Optical Cable (300265.SZ) currently has no optical module related products
On January 29, Gelonghui Cable (300265.SZ) said on the investor interactive platform that the company currently has no products related to optical modules.
Tongguang Cable (300265.SZ) was re-certified by a high-tech enterprise
Gelonghui January 22丨Tongguang Cable (300265.SZ) announced that the company recently received the “High-tech Enterprise Certificate” jointly issued by the Jiangsu Provincial Department of Science and Technology, the Jiangsu Provincial Department of Finance, and the Jiangsu Provincial Taxation Bureau of the State Administration of Taxation.
A-share UHV and smart grid concepts fluctuated and declined
Gelonghui, January 19 | Tongguang Cable fell more than 10%, Sunway Co., Ltd. fell more than 8%, while Sanbian Technology, Ancore, Siyuan Electric, Dalian Electric, and Guodian Nanzi had the highest declines.
A-share changes | The stock ban was lifted, and Tongguang Cable had a sharp drop of 10% at the beginning, ranking first in the market
Gelonghui, January 19 | Tongguang Cable (300265.SZ) fell sharply by 10% at the beginning of the session and fell for 3 consecutive days. Currently, 7.96 yuan fell by more than 8%. The decline temporarily ranks first in the market, with a total market value of less than 4 billion yuan. According to news, the company lifted the listing ban on 93.3014 million restricted shares today, allocating shares to the company's targeted additional institutions, accounting for 20.36% of the company's total share capital. Relative to yesterday's closing price, the market value of the lifting of the ban is nearly 1 billion yuan.
Express News | Today, 13 companies lifted the ban on restricted shares, and the market value of Hexing Co., Ltd. was lifted to exceed 5.5 billion yuan
Tongguang Cable (300265.SZ): The ban on 93.3014 million restricted shares will be lifted on January 19
On January 16, Ge Longhui Cable (300265.SZ) announced an indicative announcement on the release of restricted shares to specific targets and the listing and circulation of restricted shares. The shares that the company has lifted the sales restrictions are shares issued by the company to specific targets. The number of shares issued by the company to specific targets is 93,5014.35 million shares, accounting for 20.3588% of the company's current total share capital. The listing and circulation date for the shares whose sale restrictions have been lifted is January 19, 2024 (Friday). The total number of shareholders whose share sales restrictions have been lifted is 16.
Tongguang Cable (300265.SZ): Pre-winning major contracts totaling 177 million yuan
On December 26, Gelonghui announced that Tongguang Cable (300265.SZ) announced that the company's wholly-owned subsidiaries, Jiangsu Tongguang Power Transmission Line Technology Co., Ltd. (“Tongguang Power”), Jiangsu Tongguang Optical Cable Co., Ltd. (“Tongguang Information”), and Jiangsu Tongguang Information Co., Ltd. (“Tongguang Information”) recently participated in the “State Grid Co., Ltd. 103 batch procurement in 2023 (sixth line installation material bidding and procurement)”, “State Grid Co., Ltd. added the second batch of procurement in 2023 (transmission and transmission of transmission and transformation projects)”, “State Grid Co., Ltd. added the second batch of procurement in 2023 (transmission and transmission) Second substation project 35- 330 kV material agreement inventory
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