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Zhejiang Wanma to Increase Sales of Power Cable Products to Dongjiakou Yuguan Construction

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Zhejiang Wanma (SHE:002276) will increase the amount of planned sales of power cable products to Qingdao Dongjiakou Yuguan Construction Engineering by 40 million yuan, according to a Wednesday filing with the Shenzhen bourse.

Dongjiakou Yuguan boosted its purchases due to project construction needs.

Following the increase, Dongjiakou Yuguan's budget for power cable products will rise to 55 million yuan in 2026, the filing said.

The purchaser is engaged in construction. Dongjiakou Yuguan is controlled by the listed company's controlling shareholder Qingdao West Coast New Area Ocean Holding Group.

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