CPEC(SH:600339) news flash·2025-07-03 08:44Core Viewpoint - The company has signed an EPSCC contract worth $294 million (approximately 2.12 billion RMB) with TotalEnergies for the midstream gas pipeline project in Iraq's Atawi oil field, which is expected to positively impact the company's revenue and profit over the next 3-4 years [1] Group 1 - The contract duration is set for 33 months to reach trial operation conditions, 36 months for temporary acceptance, and 38 months for submission of completion documents, followed by a 24-month warranty period [1] - This project is a significant part of TotalEnergies' integrated gas growth initiative (GGIP project), aimed at enhancing Iraq's electricity supply capacity through the development of natural resources [1] - Successful implementation of the contract is anticipated to have a positive effect on the company's future operating income and total profit [1]