Donghong Co., Ltd.: Awarded the procurement project for pressure steel pipes and accessories for a certain engineering, amounting to 353 million yuan.

Donghong Co., Ltd. announced on February 23 that it recently received a winning bid notification, confirming the company as the successful bidder for a pressure steel pipe and fittings procurement project. The bid amount is 353 million yuan. After receiving the notice of award, the company still needs to sign a written contract with the tenderer, and the contract amount, terms, and other details are subject to negotiation and confirmation, with some uncertainty. The specific details are subject to the final formal contract signed. Once the formal contract is signed and the project is smoothly implemented, it will have a positive impact on the company’s business growth, improvement of operating performance, market expansion, and brand influence.

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