Shandong Donghong Pipe Industry Secures 1.8 Billion Yuan Contract from Wanhua Chemical

Stock News07-20

Shandong Donghong Pipe Industry Co., Ltd. (ASX: 603856) has announced a significant contract win. According to a company announcement, the Wanhua Electronic Bidding Trading Network published the bid results for a project on July 17, 2026, confirming the company as the successful bidder for four sections of the Wanhua Chemical Group Co.,Ltd. Material Supply Company's 2026 standard and anti-corrosion spiral welded pipe framework project. The total value of the awarded sections is approximately 1.8 billion yuan.

This project award represents a major achievement for the company in its deep cultivation of the chemical industry sector. It demonstrates the client's high level of recognition for the company's technical capabilities and brand reputation. The successful bid is expected to have a positive effect on the company's business development and market expansion.

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