Zhongyu Technology: Signed a 48,080,780 yuan pipeline system procurement contract.

Announcement from Zhongyu Technology: Its holding subsidiary, Jiangsu Zhongyu Energy Equipment Co., Ltd., recently signed a "Pipeline System Procurement Contract" with customer A, with a total contract price of 48.8078 million yuan. The signing of this contract is in line with the company's medium and long-term strategic planning, and is of great significance to the company's business development and market expansion. If the contract is successfully implemented, it will improve the company's operating performance and have a positive impact on the company's future operations. In addition to the disclosed matters, the company, its controlling shareholders, and actual controllers have no major undisclosed matters that should be disclosed.