On December 23, Longquan Stock (002671. SZ) announced that recently, Wuxi Xinfeng Pipe Industry Co., Ltd. Xinfeng Pipe Industry Co., Ltd. is determined as the bid winner of "CS Project LOT140Wa Non-nuclear Pipeline and Pipeline Accessories", with the bid price of RMB 69.5357 million (including tax).
Longquan shares said that the bid price accounted for about 6.28% of the company's audited operating income in 2023, and the performance of the project is expected to have a positive impact on the company's operating income and operating profit during the supply period.