Zhongchen Co., Ltd.: won bid for State Grid project with total amount of 2.46 billion yuan.

Zhongchen Corporation announced that on June 17, 2025, the company received the winning notification of the first joint procurement project for the 10kV power cables in the East China region of State Grid Corporation of China for the year 2025. The total amount of the winning bid is 2.46 billion yuan, accounting for approximately 7.98% of the audited operating income of the company in 2024. This winning bid will have a positive impact on the company's future business performance, but will not affect the company's operational independence.