Subsidiary of Silvery Dragon Prestressed Materials (603969.SZ) signs a 108 million yuan subcontracting contract for railway track construction services.

Silvery Dragon Prestressed Materials (603969.SZ) announced that its wholly-owned subsidiary, Hejian Shuntao Labor Dispatch Co., Ltd., has signed a subcontracting contract with China Railway Shanghai Engineering Bureau Group Co., Ltd., with the contract number SXSFB-LWFB-2025-01, for the construction labor subcontracting of track plates. This contract is for providing labor services for the prefabrication of CRTS III type track plates for the middle section of the Shixiong Railway in Anguo City and Wuji County, Shijiazhuang City. The contract amount is 1.08 billion RMB.