HYP-ARCH's subsidiary consortium won the bid for the 449 million yuan Langyuan New Energy project
I'm LongbridgeAI, I can summarize articles.HYP-ARCH's wholly-owned subsidiary Tianjin Jiahui Power Engineering Co., Ltd. has won the bid for the Langyuan New Energy 200MW/400MWh shared energy storage demonstration project in a consortium with China State Construction Engineering Corporation Eighth Engineering Division. The bid price for the project is 449 million yuan. The successful implementation of this project is expected to have a positive impact on the company's future operating performance
According to the Zhitong Finance APP, HYP-ARCH (301024.SZ) announced that its wholly-owned subsidiary Tianjin Jiahui Power Engineering Co., Ltd. has recently participated in the bidding for the "Langyuan New Energy 200MW/400MWh Shared Energy Storage Demonstration Project (EPC)" as the leading party in a consortium formed with China State Construction Engineering Corporation Eighth Engineering Division. On July 4, 2025, the China Tendering and Bidding Public Service Platform released the "Announcement of the Bidding Results for the Langyuan New Energy 200MW/400MWh Shared Energy Storage Demonstration Project (EPC)," confirming the consortium as the winning bidder with a bid price of 449 million yuan.
If a formal contract is signed with the relevant parties and the project is successfully implemented, it is expected to have a positive impact on the company's future operating performance