Ruina Intelligent: Subsidiary is expected to win the bid for a 225 million RMB heating pipeline renovation project.

Rena Intelligent announced on the evening of August 12th that its wholly-owned subsidiary, Hefei Rena Intelligent Energy Management Co., Ltd., is the first bidding candidate for the construction project of updating and renovating aging pipelines and facilities for Urumqi Heat Limited Company. The bid price is approximately 225 million RMB. The final amount of the project will depend on the officially signed contract, and there may be a possibility that the final amount is lower than the estimated amount.