Tuobang Co., Ltd.: Wins Bid for China Mobile's 189 Million Yuan Lithium Iron Phosphate Battery Procurement Project

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On March 23, Tobon Co., Ltd. (002139.SZ) announced that it recently received a “Winning Bid Notice” issued by China Mobile’s bidding agency, confirming that the company has been awarded the contract for the “China Mobile 2026-2028 Centralized Procurement Project of Communication Lithium Iron Phosphate Battery Products.” The winning bid amount is approximately 189 million yuan.

Tobon Co., Ltd. stated that this cooperation will effectively deepen the company’s collaboration with China Mobile in supply chain coordination, delivery efficiency, and cost optimization, enhance the company’s market competitiveness in communication backup power supplies, and positively impact the company’s revenue and operating performance from 2026 to 2028. The formal contract has not yet been signed, and the specific project details and amount are subject to the final contract.

(Company Announcement)

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