Henan Tong-Da Cable Named Recommended Winner for China's State Grid's 207 Million Yuan Bid for Ground Wires

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Henan Tong-Da Cable (SHE:002560) was recommended as a winning candidate for the State Grid Corporation of China's 206.7 million yuan bid for six packages, according to a Shenzhen Stock Exchange disclosure on Tuesday.

The packages consisted of ground wire, the Chinese wire maker said.

The company's shares closed less than 2% higher.

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