On November 2, Dahua Technology announced that its board of directors held its third meeting of the ninth term on October 23, 2026, during which it reviewed and approved a proposal for its subsidiary, Zhejiang Huaqi Smart Technology Co., Ltd., to participate in the public tender for the "China Mobile 2026-2027 New Generation Artificial Intelligence Super Node Equipment Centralized Procurement Project." Recently, the tenderee published the list of winning candidates, and Huaqi Smart won the bid with an amount of approximately 2.63 billion yuan (tax included), surpassing the amount previously estimated by the board. Accordingly, the company convened the fourth meeting of the ninth board of directors on November 2, 2026, where it reviewed and approved the relevant proposal, confirming its participation in the related-party public tender and the winning bid amount.
