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Topband has declared that it has obtained the 'Letter of Award' from China Mobile, successfully clinching Bid Package 1 of the 'Centralized Procurement Project for LiFePO4 Battery Products for Telecommunications (2026-2028)'. The company has secured an 11.46% share of the bid, with the total winning amount (inclusive of tax) reaching 189 million yuan. This achievement is set to bolster Topband's collaborative efforts with China Mobile in terms of supply chain management, delivery efficiency, and cost optimization. It will also elevate the company's standing in the telecommunications backup power market and is anticipated to yield a favorable impact on Topband's revenue and overall performance from 2026 to 2028. At present, the formal contract remains unsigned, and the precise details and scope of the project will be finalized based on the terms of the ultimate contract.
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