Trigiant Group (HKG:1300) unit Jiangsu Trigiant Technology won the bid for a procurement project by China Mobile (HKG:0941, SHA:600941) related to power cable products for 2025-2026, a Nov. 14 Hong Kong bourse filing said.
Shares of Trigiant were down nearly 2% in Monday afternoon trading.
Jiangsu Trigiant Technology, with a bidding price of 1.8 billion yuan, ranked number 3 and was awarded 19.44% of the tender.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.