Gelonghui, May 8, 丨 Longquan Co., Ltd. (002671.SZ) announced that on May 7, 2024, the bidding agency announced the bid evaluation results on the Shandong Water Conservancy Project Bidding Public Service Platform (Phase 1), and determined that the company was the first successful candidate for “Xiajin County Zhangwei South Canal to Machiake River Flooding Project (Phase 1) Procurement 2”.
The bid price was RMB 94.294 million, accounting for 8.51% of the company's audited revenue in 2023. The smooth execution of this project is expected to have a positive impact on the company's revenue and operating profit during the supply period.