Orient Cable

Orient Cable (NBO) has commenced construction of its Southern Manufacturing Base in Yangjiang, Guangdong, China. The facility covers 170,000 m² and represents an investment of over €136 million.

Orient Cable (603606.SH) received a Letter of Award from China Energy Engineering Group Guangdong Electric Power Design Institute for the EPC contract of the Yangjiang Qingzhou I and II offshore wind farm projects, covering 500kV submarine cable supply and laying (Sections A and B), with a total contract value of approximately CNY 1.7 billion.

Orient Cable (603606.SH) announced it is a pre-qualified bidder for Southern Power Grid's 2021 main grid and distribution material framework tender projects, with a total value of approximately 205 million yuan.

Orient Cable (603606.SH) announced it has been awarded or pre-awarded 13 land cable projects totaling approximately 560 million yuan. The company received bid-winning notices or candidate announcements from State Grid Corporation of China.

Orient Cable's wholly-owned subsidiary Yangjiang Dongfang Cable Technology plans to invest approximately CNY 57.515 million to build the 'Orient Cable Ultra-High Voltage Submarine Cable Southern Industrial Base' in Yangjiang High-tech Zone, Guangdong. The project will have an annual production capacity of 300 km of ultra-high voltage AC/DC submarine cables.