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Tianyi Co., Ltd. announced that it recently received a “Notice of Transaction” and identified as the bidder for China Telecom's centralized procurement project for household FTTR products. The total transaction amount is estimated to be 274 million yuan. This project is the company's main business. If a subsequent contract is formally signed and implemented, it will promote the company's performance and market development, and will not affect business independence. However, the company has yet to sign a formal contract, so there is uncertainty.
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Tianyi Co., Ltd. announced that it recently received a “Notice of Transaction” and identified as the bidder for China Telecom's centralized procurement project for household FTTR products. The total transaction amount is estimated to be 274 million yuan. This project is the company's main business. If a subsequent contract is formally signed and implemented, it will promote the company's performance and market development, and will not affect business independence. However, the company has yet to sign a formal contract, so there is uncertainty.
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