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The latest update is out from Trigiant Group Ltd. ( (HK:1300) ).
Trigiant Group Ltd. announced that its subsidiary, Jiangsu Trigiant Technology Co., Ltd., has been declared a successful bidder in China Mobile’s Centralised Procurement Project for power cable products for the years 2025 to 2026. The company secured a contract worth approximately RMB1.8 billion, ranking third and obtaining 19.44% of the tender. This procurement is crucial for advancing 5G infrastructure deployment, highlighting Trigiant’s strategic positioning in the telecommunications sector and its ongoing relationship with China Mobile, a key client.
The most recent analyst rating on (HK:1300) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Trigiant Group Ltd. stock, see the HK:1300 Stock Forecast page.
More about Trigiant Group Ltd.
Trigiant Group Ltd. is a company incorporated in the Cayman Islands, operating in the telecommunications industry. The company, along with its subsidiaries, primarily focuses on providing power cable products and related services, with a significant market focus on large-scale telecommunications infrastructure projects.
Average Trading Volume: 664,305
Technical Sentiment Signal: Sell
Current Market Cap: HK$557.5M
For a thorough assessment of 1300 stock, go to TipRanks’ Stock Analysis page.