Core Viewpoint - The company has successfully won a bid for the Hangzhou Chanchuang CBD No. 76 land project, amounting to 824 million yuan, which represents 4.46% of its most recent audited revenue [1] Group 1: Project Details - The project was won by a consortium consisting of the company's subsidiary, Zhejiang Jinggong Steel Structure Group Co., Ltd., and China State Construction Engineering Corporation's Eighth Engineering Bureau [1] - This marks a new breakthrough for the company's general contracting business in Hangzhou [1] Group 2: Strategic Implications - The project reflects the company's strategic shift from specialized subcontracting in steel structures to a general contracting model [1]

Core Viewpoint - The company has successfully won the bid for the Hangzhou Chanchuang CBD No. 76 project, marking a significant step in its strategic transition from subcontracting to general contracting [1] Group 1: Project Details - The bid amount for the project is 823.824 million yuan, which accounts for 4.46% of the company's most recent audited revenue [1] - The project is a joint venture between the company's subsidiary, Zhejiang Jinggong Steel Structure Group Co., Ltd., and China State Construction Engineering Corporation's Eighth Engineering Bureau [1] Group 2: Strategic Implications - This project represents a new breakthrough for the company's general contracting business in Hangzhou [1] - The successful bid reflects the company's ongoing strategy to shift from a specialized subcontractor in steel structures to a general contractor [1]