According to news on September 15, Oriental Tower announced that the company recently won two bids for two projects on the State Grid Corporation’s e-commerce platform, with a total amount of approximately 163.8616 million yuan, accounting for approximately 4.53% of the company’s audited operating income in 2022. Specific projects include: the 65th batch of procurement projects of State Grid Co., Ltd. in 2023 (the fourth line installation material bidding and procurement for power transmission and transformation projects) project. The winning products are iron towers and structural supports, and the winning bid amount is 79.001 million yuan; State Grid Co., Ltd.\'s 69th batch of procurement projects in 2023 (the fifth material bidding and procurement for UHV projects), the winning product is materials for UHV stations, and the winning bid amount is 84.8606 million yuan. The company stated that after winning the bid for the above-mentioned project, the performance of its contract will have a positive impact on the company\'s operating work and operating performance in 2023, but will not affect the company\'s operational independence. At the same time, the company has not signed a formal contract. The execution period of the above projects shall be subject to the signed formal contract. Investors are advised to pay attention to investment risks.