GEM-YEAR signed a daily operation contract worth 335 million yuan
I'm LongbridgeAI, I can summarize articles.GEM-YEAR signed a contract with the Nanjing Railway Hub Engineering Construction Command of China Railway Shanghai Bureau Group Co., Ltd., with an amount of 335 million yuan. This contract will have a positive impact on the company's operating performance, enhance profitability and competitiveness, and consolidate its market position in the high-speed rail fastening parts sector
According to the Zhitong Finance APP, GEM-YEAR (601002.SH) announced that the company recently signed the "Procurement Contract for National Railway Group's Management of Self-Supplied Materials for the New Nanjing to Huai'an Intercity Railway" (Contract No.: NHTL-2025-025) with the buyer, China Railway Shanghai Bureau Group Co., Ltd. Nanjing Railway Hub Engineering Construction Command. The contract amount is RMB 335 million.
If the contract is successfully executed, it will have a positive impact on the company's operating performance, enhance the company's sustainable profitability and overall competitiveness, and further consolidate the company's market position and influence in the high-speed rail accessory field