As the first quarter of 2025 is drawing to a close, our group has been receiving a steady stream of good news. During this quarter, we successively secured two national key project orders: the Xiamen-Jinmen Cross-Sea Bridge Project and the Xinjiang Hami 220 kV Power Transmission and Transformation Project with the State Grid. With this dazzling successful start achievement, the group has demonstrated its profound foundation and strong strength, indicating continuous progress and perfection in 2025.
As a super project in China's transportation field, the Xiamen-Jinmen Cross-Sea Bridge is a key link connecting Xiamen and Jinmen, Taiwan. With a total investment of approximately over 40 billion yuan, it is known as a giant among national bridge infrastructure projects this year. Upon completion, it will build a more convenient bridge for cross-strait economic and cultural exchanges and cooperation. Relying on its independently developed hot-rolled U-rib products, our group successfully became the supplier of the main materials for the Xiamen-Jinmen Cross-Sea Bridge. The single order of more than 100,000 tons also broke the group's record for a single bridge material order since its establishment.
The group's sales general manager said: "At present, only our Zizhu produces hot-rolled U-rib products in the world. Compared with traditional cold-formed U-ribs made of steel plates, our products have many technical and cost advantages, so they have been widely recognized in the industry once launched. Since the product was put on the market in 2018, it has been successively applied to national key bridge and subway projects such as the Xiamen Xiang'an Bridge, Shunde Bridge, Longmen Bridge, Shenzhen-Zhongshan Corridor, and Xi'an Metro Line 10. The endorsement of these projects has also laid a solid foundation for us to secure the order for the Xiamen-Jinmen Cross-Sea Bridge."
Currently, the group's universal continuous rolling production line is operating at full capacity. All employees are working overtime to fully ensure the production tasks of the new orders. It is expected that one month later, the first batch of 100,000 tons of products will be delivered on time.
In addition, the Xiamen-Jinmen Cross-Sea Bridge is not the only national project order of ours in the first quarter. In mid-February, the group made another effort and signed the hot-rolled weathering angle steel project for the Xinjiang Hami 220 kV Power Transmission and Transformation Project with the State Grid. This project is the first power transmission and transformation project in China to use hot-rolled weathering angle steel, and we are the exclusive supplier of the full range of weathering angle steel for this project.
As a new product launched by the group in 2023, weathering angle steel is added with alloys on the basis of traditional angle steel, making it more corrosion-resistant. It reduces carbon emissions compared with the galvanizing process, which also makes weathering angle steel the best choice under the sandstorm conditions in northwest Xinjiang. This order is also of great significance and is planned to be fully delivered by the end of March.
The rapid and efficient delivery of new orders benefits from the group's new member - the light special steel production line. As one of the most advanced production lines in China, the industrial transformation and upgrading of this production line has increased the production efficiency of products by more than 3 times, and the product quality has also achieved a qualitative leap, providing a solid foundation for the group's rapid development.

