According to the Tongguang Cable announcement, Tongguang Optical Cable, a wholly-owned subsidiary of the company, was suspended from winning the bid for 2 years by the State Grid Tianjin Electric Power Company for 2 years due to the act of providing false information. The processing period was from June 2, 2026 to June 1, 2028; at the same time, there is a risk that all categories of the company will be suspended from winning the bid for 2 years. The stock of Tongguang optical cable has won the bid and the unexecuted national grid order has not been affected, and the contract can be fulfilled normally. According to estimates, the total revenue of the State Grid Tianjin is expected to drop by about 9 million yuan in the next two years, accounting for 0.16% of the revenue in 2025. If all categories of the State Grid were suspended, the total revenue for the next two years is expected to drop by about 430 million yuan, accounting for 7.48% of the 2025 revenue.

According to the Tongguang Cable announcement, Tongguang Optical Cable, a wholly-owned subsidiary of the company, was suspended from winning the bid for 2 years by the State Grid Tianjin Electric Power Company for 2 years due to the act of providing false information. The processing period was from June 2, 2026 to June 1, 2028; at the same time, there is a risk that all categories of the company will be suspended from winning the bid for 2 years. The stock of Tongguang optical cable has won the bid and the unexecuted national grid order has not been affected, and the contract can be fulfilled normally. According to estimates, the total revenue of the State Grid Tianjin is expected to drop by about 9 million yuan in the next two years, accounting for 0.16% of the revenue in 2025. If all categories of the State Grid were suspended, the total revenue for the next two years is expected to drop by about 430 million yuan, accounting for 7.48% of the 2025 revenue.