Anhui Honglu Steel Construction Subsidiary Wins Bids for Steel Structure Projects for 278 Million Yuan

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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.

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