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Donghong Co., Ltd.: Winning Bid for 353 Million Yuan Pressure Steel Pipe and Fittings Procurement Project
Donghong Co., Ltd. announced that the company has received the bid award notice, confirming its selection as the successful bidder for a project involving the procurement of pressure steel pipes and accessories, with a bid price of 353 million yuan. The company needs to sign a written contract with the tenderer, and the contract amount, terms, and conditions are still subject to negotiation and confirmation, which involves certain uncertainties. The winning of this project is expected to have a positive impact on the company’s business growth, improvement of operating performance, market expansion, and brand influence.