Contract Overview - The company signed a business contract with Kazakhstan Soda LLC for the second phase of a 500,000 tons per year soda ash plant project during the Second China-Central Asia Summit [1][2] - The total contract amount for both segments is approximately $337.5 million, with segment one valued at $192.7 million and segment two at $144.8 million [2][3] Project Details - The project is located in Zhanatas, Kazakhstan, and includes the construction of a soda ash production facility, which encompasses production areas, brine extraction zones, limestone mining areas, and residential facilities [2] - The contract stipulates a maximum construction period of 1,262 days [2][3] Financial Impact - The total contract amount translates to approximately ¥242.14 million, representing 19.83% of the company's projected total revenue of ¥1,220.8 million for 2024 [4] - The execution of this contract is expected to positively impact the company's operational performance over the next four years [4] Strategic Importance - The project aligns with the company's strategic plan for the "14th Five-Year Plan," focusing on expanding market share in countries along the "Belt and Road" initiative [4] - The company has established a strong presence in the Central Asian market, with multiple ongoing significant projects [4]
中工国际: 重大合同公告