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

Securities code: 002671 securities abbreviation: Shandong Longquan Pipeline Engineering Co.Ltd(002671) Announcement No.: 2022-010

Shandong Longquan Pipeline Engineering Co.Ltd(002671)

Announcement on winning the bid 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, 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”), received the letter of acceptance issued by the bidding agency Zhonghe (Shanghai) Supply Chain Management Co., Ltd, It is determined that Xinfeng pipe industry won the bid for the project 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” with a tender offer of RMB 559993296.

The information of China Securities Times was disclosed on www.info.cn on February 2029 The “suggestive announcement on bid winning publicity of wholly-owned subsidiary projects” (Announcement No.: 2022-006) was disclosed on the.

1、 Basic information of the winning 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

2、 Counterparty information

1. Basic information of counterparty

Company name: China National Nuclear Power Co.Ltd(601985) Engineering Co., Ltd

Unified social credit Code: 911100001000027329

Type: limited liability company (sole proprietorship of legal person)

Address: No. 117, North West Third Ring Road, Haidian District, Beijing

Registered capital: 2 million yuan

Legal representative: Xu Pengfei

Date of establishment: January 17, 1985

Business scope: general contracting; Management of nuclear power and other nuclear engineering projects; Engineering consulting services; Equipment procurement, material ordering, construction management and commissioning related to the project; Preliminary project planning and project consulting services for nuclear power projects and other nuclear projects; Engineering design, survey, environmental assessment and engineering supervision; Project bidding agency; Product development and technology transfer related to the above business; Import and export of goods and technology; Conference services; Software development; Information system integration service; The following items are limited to foreign branches: technical training and production of instruments and meters. (market entities shall independently choose business projects and carry out business activities according to law; projects that must be approved according to law shall carry out business activities according to the approved contents after being approved by relevant departments; they shall not engage in business activities of projects prohibited and restricted by national and municipal industrial policies.)

2. The company and Xinfeng management have no relationship with the counterparty.

3. In 2021, the company and Xinfeng management did not have similar business with the counterparty.

3、 Impact of winning the bid on the company’s performance

Xinfeng management industry has made full preparations in terms of capital, personnel and technology, and has the ability to perform the contract. The bid winning amount is RMB fifty-five million nine hundred and ninety-nine thousand three hundred and twenty-nine point six (¥ 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.

4、 Risk tips

As of the date of this announcement, Xinfeng management has not officially signed a contract with the counterparty, and the contract terms are still uncertain. The total contract amount and specific implementation contents are subject to the finally signed contract. 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 24, 2022

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