Zheng Quan Zhi Xing·2025-06-24 17:18Project Overview - The company has won the mining operation and maintenance project for the Simfer mine in Guinea's Simandou region [1] - The total contract amount is approximately $267 million, equivalent to about 1.913 billion RMB [1][2] Contract Details - The contract is with Simfer S.A. and includes construction and maintenance of transport roads and infrastructure [2] - The expected completion time for the entire project is 60 months from the date of contract signing [2] - The contract will become effective upon signing [2] Financial Impact - The contract amount represents approximately 7.97% of the company's audited revenue for the fiscal year 2024 [2] - Successful implementation of the contract is expected to positively impact the company's current and future performance, enhancing its sustainable profitability [2] Dispute Resolution - Any disputes arising during the contract execution will be resolved through friendly consultation, and if unsuccessful, will be arbitrated in London according to international arbitration rules [2]