Shandong Donghong Pipe Industry(603856.SH) won the bid for a pressure steel pipe and fittings procurement project for a certain project, with a total amount of 109 million yuan.

Shandong Donghong Pipe Industry (603856.SH) announced that the company recently received a notice of award, confirming that the company has been awarded the bid for a project involving the purchase of pressure steel pipes and fittings for a total price of 109 million RMB. The award of the above project is an important result of the company's implementation of the development strategy of "large-scale long-distance pipelines" and "urban lifelines" in parallel, actively practicing the "Four Cultivation Layout" strategy (deep cultivation in regions, refined cultivation in industries, diligent cultivation of major customers, and detailed cultivation of major projects), and promoting a differentiated marketing model. It also reflects the effectiveness of the company's market development layout of "one main wing plus one new" (mainly focusing on the water resources and water services market, supplemented by markets in municipal, heat, petroleum, gas, industrial, mining, and chemical sectors, as well as new fields such as hydrogen, nuclear power, and marine photovoltaics). After the project formally signs a contract and is successfully implemented, it will have a positive impact on the company's business growth, operational performance improvement, market expansion, and brand influence shaping, further enhancing the company's core competitiveness.