East Hong Stock: The company signed a material procurement contract with Guizhou Jian Gong Panyu Construction Engineering Co., Ltd. for 61.63 million yuan.

East Hong Group announced that the company recently signed a "Materials Procurement Contract" with Guizhou Construction Panyu Construction Engineering Co., Ltd. The contract is for anti-corrosion steel pipes and fittings, with a contract amount of 61.6313 million yuan. The contract is a fixed unit price contract, and the price will not be adjusted during the contract period. The final settlement price is based on the contract unit price and the actual quantity purchased. The contract will take effect from the date of the affixing of the official seal or contract specific seal of both parties, and the performance period will be from the effective date of the contract until the completion of the rights and obligations of both parties. If the contract is successfully executed, it will have a positive impact on the company's performance for this year and future.