Xinjiang Communications Construction (SZ:002941) Shang Hai Zheng Quan Bao·2025-10-08 19:43Core Viewpoint - Xinjiang Transportation Construction Group Co., Ltd. has received a bid notification confirming its status as the winning bidder for the G3033 Kuitun-Dushanzi-Kuche Expressway project, which constitutes a related party transaction due to its connection with its controlling shareholder [2][6]. Group 1: Related Party Transaction Overview - The company has been awarded the contract for the construction of the KDK-SGDL-1 section of the G3033 Kuitun-Dushanzi-Kuche Expressway by Xinjiang Jiao Investment Duku Expressway Investment Development Co., Ltd., a wholly-owned subsidiary of its controlling shareholder [2][3]. - This transaction is classified as a related party transaction under the Shenzhen Stock Exchange listing rules, but it does not qualify as a major asset restructuring and does not require approval from relevant authorities [2][3]. Group 2: Project Details - The project name is G3033 Kuitun-Dushanzi-Kuche Expressway KDK-SGDL-1 section, with a bid amount of approximately 482.52 million RMB [6]. - The total project duration is set at 273 calendar days, with quality requirements for acceptance rated as qualified [6]. Group 3: Pricing Policy and Impact - The pricing for this related party transaction was determined through a public bidding process, adhering to principles of fairness and scientific evaluation, ensuring that it does not harm the interests of the company or its minority shareholders [6]. - The anticipated related party transactions are considered normal business activities and are essential for the company's operational needs, with no significant impact on the company's business independence [6].