Donghong Pipe and Wanhua Chemical Sign 180 Million Yuan Procurement Framework Agreement

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Summary · why it matters

Donghong Pipe announced that it has signed a procurement framework agreement with Wanhua Chemical Group Materials Company, with an estimated total value of 180 million yuan. The contract is a routine operating agreement, and if executed smoothly, it will have a positive impact on the company's performance. However, the actual amount executed will depend on specific orders, and there is uncertainty.

Impact on assets 2

Others▲ · 2 stocks
Shandong Donghong Pipe Ind Co
603856
▲ PositiveDemandrelevance

Donghong Pipe signed a 180 million yuan procurement framework agreement with Wanhua Chemical, expected to positively impact its performance.

Wanhua Chemical Group Co Ltd
600309
± MixedDemandrelevance

Wanhua Chemical is the buyer in a procurement agreement, but the impact on its performance is indirect and uncertain.

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