Tongding Interconnection Information Co.Ltd(002491) : the development of railway market and urban rail market will be further strengthened

On May 4, the reporter learned from Tongding Interconnection Information Co.Ltd(002491) that in 2022, the company will further strengthen the development of railway market and urban rail market. Most of the urban rail projects won by the company in the early stage will be implemented in 2022, and the sales revenue of railway signal cables, leaky coaxial cables and other products will increase significantly. At the same time, the company will accelerate the digital transformation of traditional main business, improve the level of fine management and reduce operating costs. In addition, the company will further improve the company’s ability to quickly respond to customer needs, ensure product quality and make every effort to improve customer service level.

Tongding Interconnection Information Co.Ltd(002491) recently disclosed the first quarter report of 2022, which shows that in the first quarter of 2022, the company achieved a total operating revenue of 694 million yuan, a year-on-year decrease of 9.78%; The net profit attributable to the shareholders of the listed company was about 612886 million yuan, with a loss of about 257029 million yuan in the same period of last year; The net cash flow from operating activities was about 247 million yuan, compared with -98.875 million yuan in the same period of last year.

According to the company, the photoelectric cable business is the company’s traditional main business. After years of development, the production capacity of the company’s optical fiber and optical cable, communication cable, railway signal cable, power cable and other products has ranked in the forefront of the cable industry.

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