Anhui Honglu Steel Construction (SHE:002541) subsidiary Guoyang Honglu Building Materials has won two major steel structure contracts worth a combined 278.2 million yuan, according to a Thursday filing with the Shenzhen bourse.
The subsidiary will manufacture steel for a data center project in the Inner Mongolia Autonomous Region for 145.3 million yuan, yielding 26,175.18 metric tons of steel.
Guoyang Honglu also won a bid to manufacture and transport finished steel products for a 100,000-ton high-performance lithium-ion battery anode material project in Gansu, China. The contract is worth 132.8 million yuan and could yield up to 26,564.51 metric tons of steel.