Guoyang Honglu Building Materials Co., Ltd.

Anhui Honglu Steel Construction (Group) Co., Ltd. and its subsidiary Anhui Hongxiang Building Materials Co., Ltd. were selected as winning bidders for two steel structure projects with a combined contract value of approximately RMB536 million (USD80.01 million). The projects include steel structure fabrication for five projects under China Construction Third Engineering Bureau Steel Structure Technology Co., Ltd. Northern Company and a project under Shanghai Baoye Group Corp., Ltd.