Securities Code: 002457 Securities Abbreviation: Qinglong Pipeline Announcement No.: 2026-044 Qinglong Pipeline Group Co., Ltd. Announcement on Signing a Sales Contract The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Special Note:
- During the execution of the contract, adverse factors such as rising prices of raw and auxiliary materials and labor costs may affect the company's contract performance and profits.
- Due to the large contract amount and installment payment method, there is a risk of not recovering part of the contract payment in a timely manner.
- If design changes or force majeure events occur during the implementation of the contract, it may not be fully performed or may be delayed.
On June 12, 2026, Qinglong Pipeline Group Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on Receiving the Winning Notification" (Announcement No.: 2026-042) on Securities Times, Securities Daily, China Securities Journal, Shanghai Securities News, and Juchao Information Network (www.cninfo.com.cn). The Company was confirmed as the winning bidder for Section 1 of the cement product procurement and supervision for the 2026 First Batch of Construction Projects for the Modernization and Transformation of the Ningxia Bronze Gorge Irrigation District. Recently, the Company received the "Cement Product Procurement Contract" signed and sealed by both parties to the contract. The main details of the contract are as follows:
I. Contract Signing Overview
Party A: Ningxia Hui Autonomous Region Water Conservancy Engineering Construction Center Party B: Qinglong Pipeline Group Co., Ltd. Project Name: Section 1 of Cement Product Procurement and Supervision for the 2026 First Batch of Construction Projects for the Modernization and Transformation of the Ningxia Bronze Gorge Irrigation District Contract Scope: Procurement of cement products Delivery Period: Completion by the end of February 2027. The specific on-site plan will be subject to the supply plan issued by the Ningxia Hui Autonomous Region Water Conservancy Engineering Construction Center. Contract Amount: Two hundred and twenty-four million, five hundred and eight thousand, six hundred and seventy-nine Yuan (RMB 224,508,679.00)
II. Introduction of the Counterparty