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Henan Tong-Da Cable Selected to Win Chinese State Grid's Bid for 176 Million Yuan Worth of Equipment

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Henan Tong-Da Cable (SHE:002560) was recommended to win the State Grid of China's procurement bidding for 175.9 million yuan worth of electrical equipment, according to a Shenzhen bourse filing on Thursday.

The equipment includes packages for low-voltage power cables, 10-kilovolt power cables, 1kV and 10kV overhead insulated conductors and 10kV power cables.

The Chinese wire maker's shares jumped by less than 4% at the close.

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