Terraude expects the total bid amount to be about 144 million yuan.

Notice from Torede: Recently, the Beijing Public Resource Trading Service Platform announced the "Fourth Batch of Bidder Candidates for the Supply of Materials managed by China Railway Group for Railway Construction Projects in 2025" and the "First Batch of Bidder Candidates for the Supply of Materials managed by China Railway Group for Railway Construction Projects in 2025". The company is the first bidder candidate for some of the projects, with an estimated total bid amount of approximately 144 million yuan. This bidding further confirms the recognition of the company's technical level and product quality by the railway industry, which is beneficial for enhancing the company's market share and brand influence.