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Longquan Co., Ltd.: Awarded the contract for the prestressed steel cylinder concrete pipe and pipe fittings for the raw water main pipeline of the urban water source replacement project
People’s Financial News, March 18 — Longquan Co., Ltd. (002671) announced on March 18 that on March 17, the Xiangyang Public Resources Trading Electronic Service System released the bid result announcement for the “Urban Water Source Replacement Project Raw Water Main Project Prestressed Steel Pipe Concrete Pipe and Fittings (Second Bid).” The company was confirmed as the winning bidder with a bid price of 99.4275 million yuan. The bid price accounts for approximately 8.67% of the company’s audited operating revenue for 2024. The execution of this project is expected to have a positive impact on the company’s revenue and operating profit during the supply period.