Fangyuan Group: the company has won the bid for the National Grid project, with a bid amount of approximately 3.94 billion yuan.

Fengfan Company Announcement: Recently, State Grid Corporation of China's e-commerce platform issued a notice of winning bids. The company won bids for "Angle steel tower package 14", "General line steel pipe tower package 4", "Ultra-high-voltage station internal material package 3", "Ultra-high-voltage station internal material package 7", "Ultra-high-voltage station internal material package 9", and "Ultra-high-voltage station internal material package 12", with a total winning amount of approximately 3.94 billion yuan, accounting for about 13.23% of the company's audited operating income for 2025.