Qingdao Huijintong Power Equipment Co.Ltd(603577) : Qingdao Huijintong Power Equipment Co.Ltd(603577) suggestive announcement on pre bid winning of State Grid Project

Securities code: Qingdao Huijintong Power Equipment Co.Ltd(603577) securities abbreviation: Qingdao Huijintong Power Equipment Co.Ltd(603577) Announcement No.: 2022045 Qingdao Huijintong Power Equipment Co.Ltd(603577)

Suggestive announcement on pre bid winning of State Grid Project

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and completeness of its contents.

Important content tips:

The project is currently in the stage of publicity of bid evaluation results. The company has not received the letter of acceptance, and finally forms the actual order and completes the delivery. There are still some uncertainties and risks. Please make careful decisions and pay attention to investment risks.

On May 20, 2022, State Grid Corporation of China Limited launched an e-commerce platform( https://ecp.sgcc.com.cn./ecp2.0/portal// )The publicity of the candidates recommended for winning the bid in the eighth batch of procurement of UHV project of State Grid Corporation of China in 2022 (the first line material bidding procurement of Fuzhou Xiamen and other projects), the publicity of candidates recommended for winning the bid in the sixteenth batch of procurement of State Grid Corporation of China in 2022 (the second line installation material bidding procurement of power transmission and transformation project) and the 18th batch of procurement of State Grid Corporation of China in 2022 were published (the first bidding procurement of 35-330 kV material agreement inventory for power transmission and transformation project) the recommended candidates for winning the bid, and Qingdao Huijintong Power Equipment Co.Ltd(603577) (hereinafter referred to as “the company”) and its subsidiaries are the candidates for winning the bid of relevant projects. It is estimated that the total amount of winning the bid is about 3301383 million yuan, accounting for about 13.21% of the audited operating revenue of the company in 2021. The pre winning bid is announced as follows:

1、 Overview of pre bid winning matters

(I) the eighth batch of procurement of UHV project of State Grid Corporation of China in 2022 (the first bidding procurement of line materials for Fuzhou Xiamen and other projects):

1. Project unit: State Grid Corporation of China

Pre winning product: angle steel tower

Pre bid winning quantity: about 474211 tons

Pre bid winning amount: about 431769 million yuan

Estimated delivery time: July 2022 to April 2023

2. Project unit: State Grid Corporation of China

Pre winning product: angle steel tower

Pre bid winning quantity: about 512763 tons

Pre bid winning amount: about 469639 million yuan

Estimated delivery time: July 2022 to April 2023

For details, please refer to the relevant announcements of the e-commerce platform of State Grid Corporation of China:

https://ecp.sgcc.com.cn./ecp2.0/portal//doc/doci -win/202205209890423120180 Hangzhou Cogeneration Group Co.Ltd(605011) 71107

(II) the 16th batch of procurement (bidding procurement of installation materials for the second line of power transmission and transformation project) of State Grid Corporation of China in 2022:

1. Project unit: State Grid Shandong electric power company

Pre winning product: angle steel tower

Pre bid winning quantity: about 339764 tons

Pre bid winning amount: about 292707 million yuan

Estimated delivery time: July to November 2022

2. Project unit: State Grid Beijing Electric Power Company

Pre winning product: angle steel tower

Pre bid winning quantity: about 263922 tons

Pre bid winning amount: about 228847 million yuan

Expected delivery time: October 2027

3. Project units: State Grid Shandong electric power company and State Grid Hebei Electric Power Co., Ltd

Pre bid winning product: steel pipe tower

Pre bid winning quantity: about 180660 tons

Pre bid winning amount: about 183551 million yuan

Estimated delivery time: July to August 2022

4. Project units: State Grid Hebei Electric Power Co., Ltd., State Grid Shandong Electric Power Co., Ltd., State Grid Hebei Electric Power Co., Ltd., State Grid Jiangsu Electric Power Co., Ltd

Pre winning product: substation structure support

Pre bid winning quantity: about 160836 tons

Pre bid winning amount: about 172899 million yuan

Estimated delivery time: July to December 2022

5. Project unit: State Grid Jiangsu Electric Power Co., Ltd

Pre winning product: angle steel tower

Pre bid winning quantity: about 165780 tons

Pre bid winning amount: about 142836 million yuan

Estimated delivery time: September to October 2022

6. Project unit: State Grid Jiangsu Electric Power Co., Ltd

Pre bid winning product: steel pipe pole

Pre bid winning quantity: about 189915 tons

Pre bid winning amount: about 165948 million yuan

Estimated delivery time: September to November 2022

For details, please refer to the relevant announcements of the e-commerce platform of State Grid Corporation of China:

https://ecp.sgcc.com.cn./ecp2.0/portal//doc/doci -win/202205209866793220180 Hangzhou Cogeneration Group Co.Ltd(605011) 71107

(III) the 18th batch of procurement projects of State Grid Corporation of China in 2022 (the first 35-330 kV material agreement inventory bidding procurement of power transmission and transformation project):

1. Project units: State Grid Tianjin electric power company and State Grid Beijing Electric Power Company

Pre winning product: angle steel tower

Pre bid winning quantity: about 287920 tons

Pre bid winning amount: about 249252 million yuan

Estimated delivery time: October to December 2022

2. Project unit: State Grid Xinjiang Electric Power Co., Ltd

Pre winning product: angle steel tower

Pre bid winning quantity: About 2215 tons

Pre bid winning amount: about 206371 million yuan

Estimated delivery time: December 2022

3. Project units: State Grid Hunan Electric Power Co., Ltd., State Grid Zhejiang Electric Power Co., Ltd., State Grid Hebei Electric Power Co., Ltd., State Grid Hubei Electric Power Co., Ltd

Pre bid winning product: steel pipe pole

Pre bid winning quantity: about 302745 tons

Pre bid winning amount: about 267929 million yuan

Estimated delivery time: July to December 2022

4. Project unit: State Grid Jiangsu Electric Power Co., Ltd

Pre winning product: angle steel tower

Pre bid winning quantity: about 219695 tons

Pre bid winning amount: about 189729 million yuan

Estimated delivery time: August to December 2022

5. Project unit: State Grid Shanghai Electric Power Company

Pre bid winning product: steel pipe tower

Pre bid winning quantity: About 2953 tons

Pre bid winning amount: about 299907 million yuan

Estimated delivery time: July to December 2022

For details, please refer to the relevant announcements of the e-commerce platform of State Grid Corporation of China:

https://ecp.sgcc.com.cn./ecp2.0/portal//doc/doci -win/202205209884970920180 Hangzhou Cogeneration Group Co.Ltd(605011) 71107

2、 Impact of pre bid winning on the company

After winning the bid, the signing and performance of the contract will have a positive impact on the company’s performance; The winning of the project will not affect the independence of the company’s business and will not rely on the other party of the contract due to the performance of the contract.

3、 Risk tips

As of the date of this announcement, the above projects are in the publicity stage of bid evaluation results (publicity period of 3 days). The company has not received the letter of acceptance, and finally formed the actual order and completed the delivery, which has certain uncertainty and risk; Due to the impact of specific delivery time and project construction progress, the above winning projects have uncertainty on the current performance of the company, and the relevant performance terms shall be subject to the formal contract. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

Qingdao Huijintong Power Equipment Co.Ltd(603577) board of directors may 23, 2022

(I) publicity of the bid winning candidates recommended by the State Grid Corporation of China for the eighth batch of procurement of UHV projects in 2022 (the first bidding procurement of line materials for Fuzhou Xiamen and other projects)

(II) publicity of the bid winning candidates recommended by the 16th batch of procurement (bidding procurement of installation materials for the second line of power transmission and transformation project) of State Grid Corporation of China in 2022

(III) publicity of the bid winning candidates recommended by the 18th batch of procurement of State Grid Corporation of China in 2022 (the first bidding procurement of 35-330 kV material agreement inventory for power transmission and transformation project)

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