Announcement on Winning the Bid of China Southern Power Grid Project

Stock Code: 603577   Short Form of Stock: Huijintong     Announcement No.: 2021-064  Qingdao Huijintong Power Equipment Co.,Ltd.

On July 30, 2021, China Southern Power Grid Co., Ltd. announced the announcement on the results of “The First Batch of Framework Bidding Project for Main Network Line Materials of China Southern Power Grid Co., Ltd. in 2021” on its unified service platform of supply chain (www.bidding.csg.cn). Qingdao Huijintong Power Equipment Co., Ltd. (Hereinafter referred to as "the company") won the bid with an amount of about 366184000 yuan, accounting for about 18.90% of the company's total investment of 2020 annual audited business income. The details are as follows:

The First Batch of Framework Bidding Project for Main Network Line Materials of China Southern Power Grid Co., Ltd. in 2021:

1.       Products: steel angle tower, steel tubular tower, steel pole and substation structures

2.       Amount: RMB 366,184,000

For more details, please check the relevant announcement on the following webpage:

http://www.bidding.csg.cn/zbhxrgs/1200293580.jhtml

Announcement on Winning the Bid of China Southern Power Grid Project.pdf