Shandong Longquan Pipeline Engineering Co.Ltd(002671) : suggestive announcement on bid winning publicity of wholly-owned subsidiary projects

Securities code: 002671 securities abbreviation: Shandong Longquan Pipeline Engineering Co.Ltd(002671) Announcement No.: 2022-006

Shandong Longquan Pipeline Engineering Co.Ltd(002671)

Suggestive announcement on bid winning publicity of wholly-owned subsidiary projects

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

Recently, the e-procurement platform of China Nuclear Industry Group Co., Ltd. (website: https://www.cn.ncecp.com./ )The announcement on the bid winning candidates for the procurement of nuclear grade stainless steel pipe fittings and equipment for Tianwan nuclear power plant units 7 and 8 and xudabao nuclear power plant units 3 and 4 was issued, Wuxi Xinfeng Pipe Industry Co., Ltd. (hereinafter referred to as “Xinfeng pipe industry”), a wholly-owned subsidiary of Shandong Longquan Pipeline Engineering Co.Ltd(002671) (hereinafter referred to as “the company”), was determined to be the first candidate for the bid winning of “procurement of nuclear grade stainless steel pipe fittings and equipment for Tianwan Nuclear Power plant units 7 and 8 and xudabao nuclear power plant units 3 and 4″. For the publicity of the bid winning candidate, the company prompts as follows:

1、 Basic information of the tenderee and the project

1. Tenderee: China National Nuclear Power Co.Ltd(601985) Engineering Co., Ltd

2. Project Name: procurement of nuclear grade stainless steel pipe fittings and equipment for Tianwan nuclear power plant unit 7 and 8 project and xudabao nuclear power plant unit 3 and 4 project

3. Project content: nuclear grade stainless steel pipe fittings

4. Delivery date:

The first batch of Tianwan nuclear power plant units 7 and 8 will be delivered on October 30, 2022

For xudabao nuclear power plant unit 3 and 4 project, the first batch of delivery time is October 30, 2022

5. The company has no relationship with the tenderee.

2、 Impact of events on the company’s performance of winning the bid

The bid price is fifty-five million nine hundred and ninety-nine thousand three hundred and twenty-nine yuan and sixty cents (¥ 55999329.6), accounting for about 6.69% of the company’s audited operating revenue in 2020. The performance of the project is expected to have a positive impact on the company’s operating revenue and operating profit from 2022 to 2023.

3、 Risk tips

As of the date of this announcement, Xinfeng management is only the candidate for winning the bid. There is still uncertainty whether it can receive the letter of acceptance or formally sign a contract with the tenderee. The company will timely fulfill the obligation of information disclosure according to the follow-up progress. Please pay attention to the investment risk. It is hereby announced.

Shandong Longquan Pipeline Engineering Co.Ltd(002671)

Board of directors

February 8, 2022

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