Honglu Steel announced that Anhui Hongxiang Building Materials Co., Ltd., a wholly-owned subsidiary of the company, signed the “Hefei*** Project Memorandum” with China Construction First Bureau Group Construction and Development Co., Ltd., and Beijing Baihui Yixiang Science and Trade Co., Ltd. The total tonnage for steel structure processing and production is 5005,525 tons, with a total provisional total of 248 million yuan, accounting for about 1.12% of the company's main audited business revenue in 2025. This contract is a major contract for daily operation. It does not need to be submitted to the board of directors or shareholders' meetings for review. It is expected to have a positive impact on the company's operating income and profits in 2026 and 2027.

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