300504SZSE
🚨 Material Event

Tianyi Shares: Announcement on Progress of Winning Bid for China Telecom FTTR Project and Signing of Framework Agreement

Tianyi Co., Ltd.··6 pages

✨ AI Summary

Tianyi Shares announced its successful bid for China Telecom's FTTR project (2026-2027) and the signing of a framework agreement. The agreement is for daily operations and does not significantly impact current year earnings. The company's financial strength and operational capacity ensure smooth execution, though market risks remain.

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Full Translation

AI Translation· gemini_document

Securities Code: 300504 Securities Abbreviation: Tianyi Shares Announcement No.: 2026-043

Sichuan Tianyi Kanghe Communication Co., Ltd.

Announcement on Progress of Winning Bid for China Telecom FTTR Project (2026-2027) Centralized Procurement Project and Signing of Framework Agreement

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there is no false or misleading statement or major omission.

Special Reminders:

  1. The procurement framework agreement signed this time is a daily operating contract for the Company. The actual procurement amount will be settled based on the purchase order, and the final procurement amount is uncertain. The signing of this procurement framework agreement will not have a significant impact on the Company's operating performance for the current year.

  2. Although the procurement framework agreement signed this time clearly defines the rights and obligations of both parties, liability for breach of contract, and dispute resolution methods, the performance of the framework agreement is still subject to performance risks caused by major changes in market environment, macroeconomic conditions, and other force majeure factors. Investors are advised to pay attention to investment risks.

Sichuan Tianyi Kanghe Communication Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on Receiving the Letter of Acceptance" on the designated information disclosure media on July 31, 2026 (Announcement No.: 2026-042), confirming that the Company was the winning bidder for the "China Telecom Family FTTR Product (2026-2027) Centralized Procurement Project".

Recently, the Company received the "China Telecom Family FTTR Product (2026-2027) Centralized Procurement Project Equipment and Related Services Procurement Framework Agreement - Sichuan Tianyi" signed and returned by China Telecom Corporation Limited and China Telecom Corporation Limited. The details are as follows:

I. Basic Information of the Counterparty to the Transaction

  1. Basic Introduction of the Counterparty to the Transaction:

China Telecom Corporation Limited, Legal Representative: Ke Ruiwen, Registered Capital: RMB 21,404,842 million, Registered Address: No. 31 Financial Street, Xicheng District, Beijing. Business Scope: Basic telecommunications services; Value-added telecommunications services of Class I; Value-added telecommunications services of Class II; Radio and television program production and operation; Construction engineering design; Construction engineering. (Projects subject to approval according to law shall be approved by relevant departments before commencing business operations, and the specific business projects shall be subject to the approval documents or licenses of relevant departments.) General items: Enterprise management; Headquarters management; Investment activities with own capital; Asset management services with own capital; Overseas contracting projects; Information system integration services; Technology services, technology development, technology consulting, technology exchange, technology transfer, technology promotion; Communication equipment sales; Advertising production; Advertising release; Advertising design, agency; Information consulting services (excluding licensed information consulting services); Import and export of goods; Import and export of technology; Import and export agency; Conference and exhibition services; Commercial cryptographic product production; Commercial cryptographic product sales; Cloud computing technology services; Cloud platform-based outsourcing services; Big data services; Internet data services; Industrial Internet data services; Artificial intelligence industry application system integration services; Artificial intelligence general application systems; Artificial intelligence basic software development; Network and information security software development; Internet security services; Security consulting services; Information security equipment sales; Quantum computing technology services; Digital technology services. (Except for projects subject to approval according to law, business activities shall be carried out independently based on the business license.) (Shall not engage in business activities prohibited and restricted by national and local industrial policies.)

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