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Donghong Co., Ltd.: Winning Bid for 353 Million Yuan Pressure Steel Pipe and Fittings Procurement Project
Gelonghui February 23 | Donghong Co., Ltd. (603856.SH) announced that the company has received a winning bid notice, confirming it 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 other details are still subject to negotiation and confirmation, which involves some uncertainty. 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.