Group 1 - Jiu Wu Gao Ke (300631.SZ) announced winning a bid for the lithium extraction project from the old brine at the Lop Nur salt lake, with a bid amount of 81.5 million yuan, accounting for 15.28% of the company's audited revenue for 2024 [1] - Lan Xiao Technology (300487.SZ) previously announced winning a bid for the adsorption system of the same project, with a bid amount of 35.77 million yuan, approximately 1.40% of its audited revenue for 2024 [1] - The project, led by Guotou Luojing, involves an investment of about 800 million yuan to expand lithium production capacity from 5,000 tons to 10,000 tons annually [1] Group 2 - The EPC general contracting project for the lithium extraction project was publicly tendered, with a bid opening scheduled for June 12, 2025, and planned construction start date on June 25, 2025 [2] - Donghua Engineering (002140.SZ) won the EPC contract with a bid amount of 438 million yuan, responsible for system testing and ensuring production standards are met [2] - The total investment for the project is 856 million yuan, with 13.34 million yuan allocated for environmental protection, representing 1.56% of the total investment [2]

Investment Rating - The report maintains a "Buy" rating for key companies in the construction and decoration industry, particularly focusing on state-owned enterprises such as China Communications Construction Company (CCCC), China State Construction Engineering Corporation, and others [1][7][8]. Core Insights - The recent issuance of opinions on existing PPP projects clarifies responsibilities and ensures funding sources for ongoing projects, which is expected to accelerate revenue recognition for construction companies [2][7]. - The report emphasizes the strategic importance of Xinjiang, predicting increased central government support and policy incentives due to upcoming significant events, including the 70th anniversary of the Xinjiang Uyghur Autonomous Region [3][21]. - The construction sector is projected to benefit from the acceleration of large-scale infrastructure projects in Xinjiang, particularly in transportation and coal chemical industries, with significant investments expected in the coming years [6][21]. Summary by Sections Industry Investment Rating - The report highlights a "Buy" rating for major construction state-owned enterprises, including CCCC, China State Construction, China Metallurgical Group, and others, indicating strong potential for recovery and growth in their financial performance [1][7][8]. Key Developments - The issuance of guidelines for existing PPP projects aims to ensure smooth project execution and financial support, which is expected to enhance the financial health of construction companies [2][6]. - The report notes that as of the end of 2022, the total value of PPP projects in execution reached approximately 13.83 trillion yuan, with 9.95 trillion yuan expected to enter the operational phase [2][19]. Focus on Xinjiang - The report underscores the importance of Xinjiang's strategic position and the anticipated central government support, particularly in infrastructure and coal chemical projects, with projected investments exceeding 800 billion yuan [3][21]. - It identifies key beneficiaries in the Xinjiang region, including local construction leaders and coal chemical EPC companies, which are expected to see significant growth due to ongoing and upcoming projects [6][21]. Investment Recommendations - The report recommends focusing on construction companies with strong PPP project portfolios and those positioned to benefit from Xinjiang's infrastructure development, including CCCC, China State Construction, and others [7][18]. - It also highlights the potential of coal chemical EPC leaders such as China Chemical Engineering and Donghua Technology, which are expected to benefit from accelerated project timelines [21][26].

（编辑 姚尧） 证券日报网讯 8月18日晚间，东华科技发布公告称，公司董事会收到张立岗先生的书面辞职报告。由于 已届法定退休年龄并经批准退休，张立岗先生请求辞去所担任的公司第八届董事会董事、副董事长、战 略委员会委员职务。 ...

Core Viewpoint - Donghua Technology announced the resignation of Zhang Ligang from his positions as director, vice chairman, and member of the strategic committee due to reaching the legal retirement age, effective August 18, 2025 [2] Company Summary - Zhang Ligang submitted a written resignation report to the board of Donghua Engineering Technology Co., Ltd. on August 18, 2025 [2] - Following his resignation, Zhang Ligang will not hold any positions within the company or its subsidiaries [2]

根据《中华人民共和国公司法》和公司《章程》的规定，张立岗先 生的辞呈自送达董事会之日生效，即于 2025 年 8 月 18 日起不再担任公 司董事、副董事长等职务。张立岗先生辞职后，不在公司及控股子公司 担任任何职务。 张立岗先生的辞职对公司董事会的正常运作不构成影响。公司董事 会正在按照有关规定补选新的董事。 张立岗先生未持有公司股份。张立岗先生在任职期间恪尽职守、勤 勉尽责，公司董事会对张立岗先生所做出的贡献致以衷心的感谢！ 特此公告。 东华工程科技股份有限公司董事会 证券代码：002140 证券简称：东华科技 公告编号：2025-035 东华工程科技股份有限公司 关于张立岗先生辞去董事等职务的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 2025 年 8 月 18 日，东华工程科技股份有限公司（以下简称"公司"） 董事会收到张立岗先生的书面辞职报告。由于已届法定退休年龄并经批 准退休，张立岗先生请求辞去所担任的公司第八届董事会董事、副董事 长、战略委员会委员职务。张立岗先生在辞职报告中声明，在任职期间， 与公司其他董事、高级管理人员合作良好，无意 ...

Group 1 - China Chemical's Donghua Company has signed an EPCM contract for a high-end resin project in Shandong, which will become the largest single production capacity base for high-end resins in China [1] - The project will alleviate China's reliance on imports of high-end resin materials, with a construction scale of 700,000 tons of high-end phenolic/benzoimidazole resin and 200,000 tons of specialty epoxy resin annually [1] - The project is located in the Qilu Chemical Industrial Park in Zibo, Shandong, covering an area of 280 acres and will also include a supporting 270,000-ton formaldehyde facility [1] Group 2 - The products from this project will have applications in high-end fields such as aerospace, 5G communication, and high-speed rail [1] - Donghua Company will be responsible for the engineering design and overall management of the project, implementing cost, schedule, quality, and safety controls [1] - The company aims to leverage its strengths to ensure the project is completed on time, with quality and quantity guaranteed [1]

Core Viewpoint - Donghua Technology's stock price has shown a slight increase, indicating potential investor interest despite recent trends in shareholder numbers and fund flows [1] Group 1: Stock Performance - As of August 11, 2025, Donghua Technology's stock price is reported at 10.51 yuan, reflecting an increase of 0.04 yuan from the previous trading day [1] - The trading volume for the day reached 94,080 hands, with a total transaction amount of 0.98 billion yuan [1] Group 2: Business Overview - Donghua Technology operates in the engineering construction sector, with involvement in various sub-sectors including molten salt energy storage and medical waste treatment [1] Group 3: Shareholder and Institutional Activity - The number of shareholders has decreased for three consecutive periods, with the latest decline recorded at 5.16% [1] - In the past month, two institutions have conducted research on the company [1] Group 4: Fund Flow Analysis - On August 11, the net inflow of main funds was 3.87 million yuan, although the overall trend over the past five days has shown a net outflow totaling 16.40 million yuan [1]

Group 1 - The stock price of Donghua Technology closed at 10.20 yuan on August 4, down 1.83% from the previous trading day [1] - The intraday high reached 10.36 yuan, while the intraday low was 10.08 yuan, with a trading volume of 104,205 hands and a transaction amount of 106 million yuan [1] - As of August 4, the net inflow of main funds was 962,400 yuan, while the net outflow over the past five days was 20.73 million yuan [1] Group 2 - Donghua Technology's main business includes engineering design and general contracting in the fields of chemicals, environmental protection, and municipal projects [1] - The company operates in sectors such as engineering construction and the Anhui region [1] - As of July 31, 2025, the total number of shareholders is approximately 28,100 [1]

证券日报网讯东华科技8月4日在互动平台回答投资者提问时表示，截至2025年7月31日下午收市，公司 股东人数约为2.81万户。 （文章来源：证券日报） ...

Investment Rating - The report maintains a "Buy" rating for the industry, indicating a positive outlook for investment opportunities in the Xinjiang region [5][8][9]. Core Insights - The upcoming Fourth Central Xinjiang Work Conference in 2025, coinciding with the 70th anniversary of the Xinjiang Uyghur Autonomous Region, is expected to catalyze significant policy support and investment in infrastructure and industry [1][12]. - Xinjiang's strategic importance, energy security, and ethnic unity are highlighted as key factors for sustained national support for high-quality development in the region [2][4]. - Major transportation infrastructure projects, such as the China-Kyrgyzstan-Uzbekistan Railway and the New Tibet Railway, are set to accelerate, with significant investments projected [3][15]. - The coal chemical industry in Xinjiang is anticipated to see substantial growth, with over 800 billion yuan in planned investments by mid-2025, driven by national energy security needs [4][19]. Summary by Sections Investment Opportunities - The report emphasizes the potential for investment in Xinjiang due to upcoming policy support and infrastructure projects, particularly in transportation and coal chemical sectors [1][3][4]. - Key companies recommended for investment include major construction firms like China Railway, China Railway Construction, and local firms such as Xinjiang Communications Construction [8][23]. Transportation Infrastructure - Significant railway projects are underway, including the China-Kyrgyzstan-Uzbekistan Railway with an estimated investment of 8 billion USD and the New Tibet Railway with an investment of 96 billion yuan [3][15]. - The report suggests that these projects will benefit major construction companies and local firms involved in infrastructure development [8][15]. Coal Chemical Industry - The coal chemical sector is projected to attract over 800 billion yuan in investments, with a significant portion already underway [4][19]. - Key players in this sector include China Chemical Engineering, Donghua Technology, and Sanwei Chemical, which are expected to benefit from the acceleration of project developments [19][23].