Runjian (SHE:002929) won China Mobile's (HKG:0941, SHA:600941) procurement bid for communication equipment for 1.03 billion yuan, according to a Shenzhen Stock Exchange disclosure on Wednesday.

The telecommunication technology services provider bagged the bid in 15 Chinese provinces, where the service period for the project will be until 2026, the disclosure said.

Runjian's shares closed over 2% lower.