Core Points - The company has won a construction contract for the Ning Shao natural gas pipeline west section project from the National Petroleum and Natural Gas Pipeline Group, with a bid amount of RMB 858 million, accounting for approximately 1.06% of the company's projected revenue for 2024 under Chinese accounting standards [1] - The project involves a pipeline construction length of approximately 120 kilometers and is expected to positively impact the energy structure optimization in Zhejiang Province, stimulate economic development along the pipeline, and contribute to the formation of a national natural gas network [1] - The company’s professional technical level and construction management capabilities are highlighted through this project [1] Related Transactions - The company has approved the maximum limit for daily related transactions with the National Petroleum and Natural Gas Pipeline Group for 2025 during its board meetings held on March 18, 2025, and June 6, 2025 [2] - The relevant amounts for the projects won from the National Pipeline Group have been included in the aforementioned maximum limit for daily related transactions for 2025 [2] Contract Status - The contract for the project has not yet been formally signed, indicating that there is still uncertainty regarding the project [3]
中石化石油工程技术服务股份有限公司工程中标公告
