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Express News | Jiangsu Zhongtian Technology has established a new company that includes a fiber optic cable manufacturing Business.
Jiangsu Zhongtian Technology (600522.SH): The amount of Commodities imported from the USA is very low, and the proportion of revenue directly from Business exports to the USA is less than 0.01%.
Gelonghui reported on April 9 that Jiangsu Zhongtian Technology (600522.SH) stated on the interactive platform that the amount of Commodity imported from the USA is very low, with the revenue from direct exports to the USA accounting for less than 0.01%. Overall, the USA's tariff policy will not have a significant impact on the company's overseas Business.
Jiangsu Zhongtian Technology (600522.SH): The holding subsidiary has won bids for significant domestic and international projects including the 500kV alternating and Direct Current submarine cable.
On April 9th, Gelonghui reported that Jiangsu Zhongtian Technology (600522.SH) announced that its subsidiary companies have successively received 'Notice of Winning Bids' or signed project contracts, confirming wins in multiple marine Energy projects both domestically and internationally. The specific winning bid details are as follows: Southern Power Grid Company's Yangjiang Sanshan Island Offshore Wind Power Flexible Direct Current Transmission Project Submarine Cable and Accessories Project - Package 1, with bidding content of ±500kV Direct Current submarine cables and accessory equipment; China General Nuclear Power Group's Yangjiang Fanshih No. 2 Project EPC General Contracting Project 500kV submarine cable supply and laying Project Section I (Joint Venture), with bidding content of 500kV Alternating Current submarine cable and laying.
Express News | Jiangsu Zhongtian Technology recently won a bid for a 2.499 billion yuan marine Energy project.
Jiangsu Zhongtian Technology (600522.SH): has repurchased a total of 15.2578 million shares.
On April 1, Glonghui reported that Jiangsu Zhongtian Technology (600522.SH) announced that as of March 31, 2025, the company implemented the fifth phase of the share buyback plan through centralized bidding. A total of 15.2578 million shares have been repurchased, accounting for 0.4471% of the company's current total share capital. The highest price of the buyback transaction was 14.80 yuan/share, and the lowest price was 12.74 yuan/share, with a total amount paid of 205.4224 million yuan. (The discrepancies in the data are due to rounding.)
Jiangsu Zhongtian Technology (600522.SH): Continuously serving the national deep-sea technology Global Strategy and Energy transition upgrade.
On March 26th, Gelonghui reported that Jiangsu Zhongtian Technology (600522.SH) stated on its interactive platform that the main products of the company's marine industry include a series of marine equipment products such as submarine cables, submarine optical cables, and umbilical cables, continuously serving the country's deep-sea technology Global Strategy and Energy transformation and upgrades. For details on the company's marine industry, please refer to the company's regular reports.