Hongsheng Huayuan: Wins bid for China Southern Power Grid project worth about RMB 894 million

English summary

Hongsheng Huayuan announced that its six subsidiaries won the first batch of framework bidding for China Southern Power Grid's 2026 main network line materials, with a winning amount of about RMB 894 million, accounting for approximately 9.33% of the company's audited 2025 revenue. The products include 500kV substation steel structures, 35kV-220kV AC angle steel towers, and steel pipe towers. Official business contracts have not been signed yet, but the projects are expected to have a positive impact on the company's operating results.