Longjian Stock: The company won a bid for a project worth 483 million yuan.
Longjian Co., Ltd. announced that its wholly-owned subsidiary Company Two and Company Three have formed a consortium and received a notice of winning bid, confirming them as the winning bidder for the A1 section of the maintenance project of Heilongjiang Province's provincial trunk highway in 2025. The project is located in Harbin, Suihua, and Daqing in Heilongjiang Province, with a winning bid price of 483 million RMB. The planned construction period is 365 calendar days, with a warranty period of 12 months. The total length of the project is 462.4 kilometers, focusing on road surface renovation, while maintaining the original highway technical standards. Company Two is the consortium leader, responsible for roadbed, road surface, bridge and culvert, security roads, and construction of traffic safety facilities, as well as defect liability period repair professional engineering, accounting for 60% of the total project volume; Company Three is responsible for roadbed, road surface, and defect liability period repair professional engineering, accounting for 40% of the total project volume. The construction tasks undertaken by Company Two and Company Three in this project account for approximately 2.64% of the company's audited operating income in 2024.
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