Qingdao Hanhe Cable Co.Ltd(002498) : suggestive announcement of China Southern Power Grid winning the bid

Securities code: 002498 securities abbreviation: Qingdao Hanhe Cable Co.Ltd(002498) Announcement No.: 2022-004

Qingdao Hanhe Cable Co.Ltd(002498)

Suggestive announcement on winning the bid of China Southern Power Grid

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

On January 29, 2022, China Southern Power Grid Co., Ltd. (hereinafter referred to as "China Southern Power Grid") announced the announcement of the bid winning results of the second batch of frame bidding projects for main network line materials of China Southern Power Grid Corporation in 2021 and the announcement of the bid winning results of the second batch of frame bidding projects for distribution network materials of China Southern Power Grid Corporation in 2021.

In the second batch of frame bidding project for main network line materials of China Southern Power Grid Corporation in 2021, our company won the bid for 1 package of 35kV ~ 500kV aluminum clad steel cored aluminum strand, 2 packages of 220kV AC power cable, 2 packages of 110kV AC power cable, 1 package of 220kV AC power cable accessories and 1 package of 110kV AC power cable accessories.

In the second batch of frame bidding project for distribution network materials of China Southern Power Grid Corporation in 2021, our company won the bid for one package of 20kV and below steel cored aluminum strand and one package of 10kV copper cored XLPE insulated power cable (ant proof and flame retardant type).

According to preliminary estimation, the total amount of the two projects is about 670 million yuan, accounting for about 9.64% of the audited operating revenue of the company in 2020. At present, the company has not obtained the written letter of acceptance from China Southern Power Grid.

For details, please check the media of this bid winning publicity, the unified supply chain service platform of China Southern Power Grid Co., Ltd.: http://www.bidding.csg.cn./zbhxrgs/index.jhtml

After winning the bid, the performance of the contract will have a positive impact on the company's business performance in 2022, but will not affect the company's business independence.

The execution period of the project is subject to the letter of acceptance and the signed contract. Please pay attention to the investment risks.

It is hereby announced.

Qingdao Hanhe Cable Co.Ltd(002498) board of directors

February 6, 2022

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