TENGDA CONST.(SH:600512) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-24 20:56Core Viewpoint - The company has been awarded a significant construction project, which is expected to positively impact its future operating performance, although the long duration of the project will not significantly affect the current year's net profit [1][2]. Group 1: Project Details - The company has received a bid notification confirming it as the winning bidder for the "Hangzhou Urban Rail Transit Line 15 Phase I Project, Chongxian Parking Lot Construction III Section" [1]. - The total bid amount is approximately RMB 468.735809 million, with the company's share of the contract amounting to RMB 304.6783 million [1]. - The project has a duration of 790 calendar days [1]. Group 2: Financial Impact - The contract amount for this project represents about 8.19% of the company's audited revenue for the fiscal year 2024 [2]. - While the project is expected to have a positive impact on future operating performance, its long duration means it will not significantly influence the company's net profit for the current year [2]. Group 3: Implementation Uncertainty - The announcement serves as a notification of the bid win, and there remains a degree of uncertainty regarding the actual implementation of the project [2]. - The company and its partners will promptly sign a written contract with the tenderer and submit performance guarantees as required [2].