ELEGANCEOPTICAL (00907) affiliated company successfully selected into PetroChina supplier pool.

date
22:10 10/02/2026
avatar
GMT Eight
Elegant Optics (00907) announces that its wholly-owned subsidiary, Jiangsu Shengji Investment Holdings Co., Ltd. (Jiangsu Shengji), participated in the tender for the "2026 First Phase Non-Oil Commodity Supplier Qualification Project" of China Petroleum and Natural Gas Co., Ltd. Liaoning Sales Branch (PetroChina Liaoning Sales). After the evaluation by the bid evaluation committee, Jiangsu Shengji has been identified as the winning candidate for the "Second Lot" of the project. According to the "Public Tender Winner Candidate List" released by PetroChina on February 6, 2026, Jiangsu Shengji is listed as a winning candidate for this lot. According to the supply requirements of this lot, the winning candidate can provide products including sunglasses.
ELEGANCEOPTICAL (00907) announcement, this group's wholly-owned subsidiary Jiangsu Shengji Investment Holdings Co., Ltd. (Jiangsu Shengji) participated in the bidding of the "2026 First Period Non-Oil Commodity Supplier Qualification Project" of PetroChina Liaoning Sales Branch (PetroChina Liaoning Sales). After evaluation by the bid evaluation committee, Jiangsu Shengji has been identified as the winning candidate for the "Second Section" of the project. According to the "Public Tender Winning Candidate Announcement" published on the PetroChina tendering bidding website on February 6, 2026, Jiangsu Shengji is included in the list of winning candidates for this section. According to the supply requirements of this section, the winning candidate can provide commodity categories including sunglasses. This project is a tender by PetroChina Liaoning Sales to select qualified suppliers for its non-oil commodity procurement. Jiangsu Shengji, as an important sales platform for the group's eyewear products in mainland China, being selected as the winning candidate this time signifies its qualification to become a supplier to PetroChina Liaoning Sales, including sunglasses and other daily necessities. Once the winning candidate qualification is confirmed, the access validity period will be until December 31, 2028, and specific cooperation in the future will be subject to annual supplier evaluations and contract signing through business negotiations. The board of directors believes that this winning has multiple positive implications: first, through an open, competitive process, PetroChina formally recognizes the quality and overall competitiveness of the eyewear products such as sunglasses provided by companies under the group; second, this marks a key qualification for the group's core product - sunglasses - to successfully enter the vast retail channel network of PetroChina's gas stations in Liaoning province, opening the door to a highly potential retail channel for the group's core business. More importantly, PetroChina has numerous sales branches nationwide, and its non-oil commodity supplier access system often serves as a reference for tenders by other branches. This successful qualification in the Liaoning branch is not only an independent business achievement but also lays a solid foundation and accumulates valuable experience for the group to participate in similar supplier access projects for PetroChina's other regional branches in the future, demonstrating the replicability and expansion potential of the group's products and business model. This development aligns perfectly with the group's strategic goal of expanding its eyewear product sales network.