Trigiant Group Limited Expected to Secure Significant China Telecom Power Cable Contract for 2025-2027

Trigiant Group Limited (Stock Code: 1300) has announced a major development that could have significant implications for its future growth and shareholder value. The company revealed that its wholly-owned subsidiary, Jiangsu Trigiant Technology Co., Ltd. (“Trigiant Technology”), is the prospective successful bidder for a large-scale centralised procurement project by China Telecommunications Corporation (“China Telecom”) for the supply of power cables spanning the years 2025 to 2027.

Key Points from the Announcement

• Project Details: Trigiant Technology has been named as one of the successful bidders in China Telecom’s Centralised Procurement Project for power cables for the years 2025 to 2027.
• Bid Ranking and Value: Trigiant Technology’s bid, which includes tax, amounts to RMB 2,839,275,522.76. The company is ranked No. 3 among the tenderers, indicating a strong competitive position.
• Strategic Importance: China Telecom is highlighted as one of Trigiant Group’s major customers. Securing this project not only strengthens their long-term business relationship but also positions Trigiant as a key supplier in the ongoing expansion of China’s digital infrastructure.
• Industry Impact: The procurement project is closely linked to the domestic construction of Artificial Intelligence Data Centres (AIDC), which are crucial in meeting the surging demand for AI computing power in China. Trigiant is making strategic investments in this sector, expecting it to become a core growth engine for the company.
• Timeline: The announcement of the bidding results was published on China Telecom’s online business platform on 28 February 2026, with a publication period from 1 to 3 March 2026. This period has now expired, making the result official.

Important Information for Shareholders

• Potential Impact on Share Price: The size of the contract (nearly RMB 2.84 billion) is substantial and may have a favorable impact on Trigiant Group’s revenues and profitability from 2025 to 2027. This could drive positive sentiment among investors and potentially move the share price.
• Strategic Growth: By focusing on the AIDC sector, Trigiant is positioning itself at the forefront of China’s digital infrastructure expansion. Shareholders should monitor how this segment contributes to overall business growth and margin improvement.
• Risk Factors: While the announcement is positive, the company advises investors to exercise caution and be aware of investment risks, as is customary with major contract announcements.

Board and Management Update

The announcement was made by Qian Lirong, Chairman and Group Chief Executive Officer. Other board members include Executive Director Mr. Qian Chenhui, Non-executive Director Mr. Zhang Dongjie, and Independent Non-executive Directors Professor Jin Xiaofeng, Mr. Zhao Huanqi, and Ms. Yau Wai.

Conclusion

This development marks a significant milestone for Trigiant Group Limited, reinforcing its position as a leading supplier to China Telecom and a key player in China’s rapidly growing AI and data centre sectors. The scale of the contract and its strategic alignment with the company’s growth ambitions could potentially drive a new cycle of high-quality development for the Group and deliver substantial value to shareholders.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to perform their own due diligence and consult professional advisors before making any investment decisions. The company has advised caution in investment decisions due to potential risks associated with project execution and market fluctuations.

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