Zhejiang Communications Technology (002061.SZ) subsidiary company wins bid for 1.638 billion yuan related to the Ningjin Expressway expansion and improvement project.

Zhejiang Communications Technology (002061.SZ) announced that its subsidiary Zhejiang Jiaogong Hongtu Traffic Construction Co., Ltd. was selected as the first candidate for the bid section SJHTJ of the construction project for the expansion and renovation of the Yongjin Expressway Double Jianghu Road section. Recently, the company received a notification letter from its subsidiary confirming the winning bid price of 1.638 billion yuan for the project, with a project duration of 972 calendar days. The winning bid project is in line with the company's main business strategic layout, and will help consolidate its market competitiveness and market share in the Yangtze River Delta region. If the above-mentioned winning bid project is successfully implemented, it will have a positive impact on the company's performance.