Qinglong Pipe Industry: Signs 1.46 Billion Yuan Procurement Contract.

Qinglong Pipe Industry announced on March 10th that its holding subsidiary, Qinglong Pipeline Technology Co., Ltd. in Pengyang County, signed a "Direct Buried Prefabricated Steel Pipe Insulated Pipe Purchase Contract" with Pengyang County Central Heating Co., Ltd. The contract amount is 146 million yuan. This contract accounts for 5.19% of the company's audited total revenue in 2024. The supply period of the contract is from March 1, 2026 to June 30, 2027. The fulfillment of the contract is expected to have a certain impact on the company's performance from 2026 to 2027.