Huadian Heavy Industries (601226.SH) signed a contract worth 2.65 billion RMB for the construction of six major pipelines for a million kilowatt ultra-supercritical power plant.

Huadian Heavy Industries (601226.SH) announced that recently, the company signed a procurement contract with Jiangsu Guoxin Corp., Ltd. Yangzhou Power Generation Co., Ltd. for the "Guoxin Yangzhou Phase Three 21 million kilowatt expansion project six major pipeline materials and factory preparation." The contract amount is approximately 2.65 billion yuan (including tax). The 1 million kilowatt ultra-supercritical secondary reheat coal-fired power generation units provided by the company for this project have the characteristics of high efficiency, cleanliness, technological innovation, strong peak-shifting capability, and high degree of intelligence. This transaction is part of the company's daily business operations, with the contract amount accounting for approximately 3.52% of the company's most recent audited operating income. In 2024, the company signed contracts worth 18.79 billion yuan for its four/six major pipeline business. The successful implementation of this contract will help the company further increase its market share in the four/six major pipeline market, enhance the company's market influence in the industry, and strengthen the company's brand influence in the four/six major pipeline field.