金龙羽集团股份有限公司关于项目中标的进展公告

Core Viewpoint - Jinlongyu Group Co., Ltd. has successfully won multiple bids from Southern Power Grid Material Co., Ltd. for various power cable projects, with a total estimated contract value of 67,721.06 million yuan (including tax) [2][4][8]. Group 1: Bid Details - The company received a bid notification on January 7, 2020, for the 2019 10kV cross-linked cables and other materials, with an estimated bid amount of 27,148 million yuan (including tax) [2]. - On August 4, 2021, the company's subsidiaries won additional bids for 110kV and low-voltage cables, with a total estimated bid amount of 29,371.21 million yuan [2]. - A further bid notification was received on August 15, 2022, for 10kV copper core cross-linked polyethylene insulated power cables, with an estimated bid amount of 16,029.77 million yuan [3]. Group 2: Contract Execution Status - As of August 31, 2025, the total signed contract amount for the aforementioned projects is 67,721.06 million yuan (including tax) [4]. - The company has confirmed cumulative sales of 21,174.97 million yuan from the 2020 bid projects [4]. - For the 2021 projects, cumulative sales confirmed amount to 31,512.47 million yuan [5]. - The 2022 projects have confirmed cumulative sales of 11,898.27 million yuan [5]. Group 3: Contract Terms - The contracts include various types of cables and have a total value of 67,721.06 million yuan (including tax) [7]. - Payment terms include prepayments and other payment methods, with a performance bond required [7]. - Dispute resolution is to be handled through friendly negotiation, with court proceedings as a last resort [7]. Group 4: Impact on Company Performance - The total contract amount represents 18.62% of the company's audited main business revenue for 2024, which is 363,707.23 million yuan [8]. - The company has the financial strength and production capacity to fulfill the contracts, which is expected to positively impact its operating performance [8]. - The execution of these contracts will not affect the company's business independence or create dependency on the trading partner [8].