Subsidiary of Long Yuan Construction Group (600491.SH) wins bid to jointly construct and expand the "emergency and regular use" project at Tonglu Service Area of Hangzhou Xinjing Expressway.

Long Yuan Construction Group (600491.SH) announced that its wholly-owned subsidiary, Zhejiang Dadi Steel Structure Co., Ltd., recently received a "bid notice" from Hangzhou Hangqian Expressway Development Co., Ltd. The company's wholly-owned subsidiary, Zhejiang Dadi Steel Structure Co., Ltd., in consortium with China Railway Second Survey and Design Institute Group Co., Ltd., was awarded the design, procurement, and construction (EPC) project for the "Emergency and Service Dual-Purpose" expansion project of Tonglu Service Area on Hangxinjing Expressway. The bidding was conducted by Hangzhou Hangqian Expressway Development Co., Ltd. through an open bidding process. According to the consortium agreement, China Railway Second Survey and Design Institute Group Co., Ltd. is responsible for the engineering design, overall contracting management, and leadership responsibilities within the bidding scope; Zhejiang Dadi Steel Structure Co., Ltd. is responsible for equipment procurement, construction, and other specialized work within the bidding scope, as well as member responsibilities. The winning bid for this project is 209 million yuan.