Hongrun Construction: Company wins bid for 4.58 billion yuan project.

Hongrun Construction Announcement: The company recently successfully won the bid for the construction of Phase I of the Fuhai Avenue Expressway Project, Section II, and officially signed the relevant construction contract with the project owner. The project owner is the Ningbo City Urban Infrastructure Construction and Development Center, and the project is under the construction general contracting mode with a construction period of 960 calendar days. The scope and scale of the project include the construction of road works, bridge works, pipeline works, security monitoring, and other related works in Section II, with a length of approximately 1.84 kilometers. The contract value is 4.58 billion yuan, accounting for 7.97% of the company's audited operating income for the year 2025.