Hongsheng Huayuan: Subsidiary company is pre-awarded for a project with State Grid Corporation of China, with an estimated amount of around 780 million yuan.

Hongsheng Huayuan announced that its subsidiary has become the candidate for winning bids in multiple packages in the 34th and 49th rounds of procurement activities by State Grid Corporation of China in 2025, with an estimated winning bid amount of approximately 780 million yuan, accounting for about 7.7% of the company's audited operating income in 2024. The project is currently in the stage of bid evaluation results announcement, and the company has not yet received the official notification of winning bids, so there is some uncertainty.