Donghong Shares announced that the electronic bidding and procurement platform of Xinjiang Water Development Group released the bid-winning result announcement on September 1, 2026, confirming the company as the winning bidder for the 2026 Steel Pipe Procurement Package III of Xinjiang Uygur Autonomous Region Water Resources and Electric Power Materials Co., Ltd., with a winning bid amount of approximately 144 million yuan. The company stated that this successful bid is an important achievement in deepening its presence in the water conservancy sector. If a formal contract can be signed and smoothly implemented, it will have a positive impact on the company's operating performance, but will not affect the independence of the company's business.
Shandong Donghong Pipe Ind CoWon a 144 million yuan steel pipe procurement project, boosting future revenue.
