铁建重工: 中国铁建重工集团股份有限公司关于部分募集资金投资项目延期与变更并投入新项目的公告

Core Viewpoint - The company has announced delays in the completion of three fundraising investment projects and plans to allocate surplus funds to a new project focused on the development of water diversion tunnel boring machines. Group 1: Delayed Fundraising Investment Projects - The company has decided to extend the completion dates for three fundraising projects: "Research and Development of Deep Earth and Deep Sea Underground Engineering Equipment," "Key Technology Research and Application for Remanufacturing Underground Engineering Equipment," and "Research and Development of High-end Intelligent Agricultural Machinery Equipment," with a new completion date set for December 31, 2026 [2][3][4]. - The delays are attributed to the complexity of the projects, including lengthy design cycles and the need for performance validation through engineering applications, as well as external market conditions affecting project timelines [2][3][4]. Group 2: Changes in Fundraising Projects - The company plans to change the fundraising project "Research and Development and Application of Water Diversion Tunnel Boring Machines," adjusting the investment amount from 290 million yuan to 230 million yuan, with surplus funds being allocated to this new project [1][2]. - The total surplus funds allocated to the new project amount to 261.33 million yuan, derived from various projects including the R&D center and new engineering materials research [1][10]. Group 3: New Project Details - The new project will focus on developing key technologies and equipment for large-diameter open-type full-face rock tunnel boring machines, which are essential for water diversion projects [10][12]. - The company aims to produce over six large-diameter full-face rock tunnel boring machines between 2025 and 2027, with an expected output value of 1.5 billion yuan and profits exceeding 300 million yuan [11][12]. Group 4: Market Outlook - The demand for advanced tunnel boring machines is increasing due to the rapid development of the hydropower industry and the need for long-distance water diversion projects, positioning the company favorably in the market [12][13]. - The company has established a strong technical foundation and management experience in tunnel boring equipment, which will enhance its competitive edge in the market [12][13].