Dongzhu Ecological Environment Protection: Consortium signs overseas engineering general contracting contract worth 3.5 billion yuan
I'm LongbridgeAI, I can summarize articles.Dongzhu Ecological Environment Protection signed a 3.5 billion yuan overseas engineering general contracting contract with Asia Tobacco Industry Group Co., Ltd., marking the company's first overseas project. This contract will enhance the company's level of internationalization and visibility, strengthen its core competitiveness, and provide experience for future overseas projects. The signing of the contract is expected to have a positive impact on the company's current and future performance, enhancing its sustainable profitability
According to the Zhitong Finance APP, Dongzhu Ecological Environment Protection (603359.SH) announced that recently, after friendly consultations between the consortium to which the company belongs and Asia Tobacco Industry Group Co., Ltd., they signed the "General Contract for the EPC Project of Land Consolidation in Champasak Province, Lao People's Democratic Republic," with a preliminary estimated contract price (including tax) of 3.5 billion yuan.
The above contract is the company's first overseas project. The signing of the contract is beneficial for enhancing the company's degree of internationalization, increasing corporate visibility, and further improving the company's core competitiveness, providing more experience for the company's subsequent overseas project development. The signing of the above contract is conducive to expanding the company's operating scale and will have a positive impact on current and future performance, benefiting the company's sustainable profitability
