EXPL's subsidiary Gezhouba EXPL Company won a bid for a blasting and excavation transportation project worth approximately 2.904 billion yuan
I'm LongbridgeAI, I can summarize articles.EXPL's subsidiary, Gezhouba EXPL, won the bid for the drilling and blasting and excavation and transportation project of the Jianjiatou and Yunzhi granite mine project in Deqing County, Guangdong Province, with a contract amount of approximately 2.904 billion yuan. This project will enhance the company's competitiveness and market share in the mining engineering sector, with a tentative mining production period of 24 years. The specific impact on operating performance will depend on the signing of the contract and the implementation of the project
According to the Zhitong Finance APP, EXPL (002096.SZ) announced that its controlling subsidiary, China Gezhouba Group EXPL Co., Ltd. (referred to as "Gezhouba EXPL"), has received the bid notification for the construction and operation general contracting project of the Jianjiatou and Yunzhi Chong granite mine project in Deqing County, Guangdong Province, from China Energy Engineering Group Guangdong Electric Power Design Institute Co., Ltd. (referred to as "Guangdong Institute"). Gezhouba EXPL has been confirmed as the winning bidder for this project, with a bid amount of approximately 2.904 billion yuan. The successful bid for this project is beneficial for the company to further enhance its competitive strength and market share in the mining engineering field. The mining production period is tentatively set for 24 years, and the specific impact on the company's future operating performance will depend on the contract signing date, performance period, and the final implementation details of the project