Baota Industry (000595.SZ) won the bid for a Chinese railway material procurement project of 28.96 million yuan.

Baota Industry (000595.SZ) announced that its wholly-owned subsidiary Northwest Bearing Co., Ltd. (hereinafter referred to as "Northwest Bearing") recently received a notice of winning bid from the China Railway Materials Co., Ltd., confirming that Northwest Bearing has won the bid for the joint procurement project of truck roller bearings in the fourth batch of 2024, Section A3. The total bid quantity is 20,760 sets, with a bid amount of RMB 28.96 million.