Qinglong Pipe Industry: Signed a 1.01 billion yuan mixed tower equipment purchase contract.

Qinglong Pipe Industry announced that as the lead contractor of a consortium, the company signed a "mixing tower equipment purchase contract" with Inner Mongolia Baofeng Coal-Based New Materials Co., Ltd., with a contract amount of 101 million yuan, accounting for 3.57% of the company's audited total operating income for 2024. The delivery period is subject to the supply plan confirmed in writing by both parties. The performance of the contract is expected to have a certain impact on the 2026 performance, but there are risks such as rising raw material prices, delayed payments, and failure to fulfill the contract.