Core Viewpoint - The announcement from Xingrong Environment indicates that its subsidiary has won a bid for a water service project, which involves a significant related party transaction [1] Group 1: Project Details - The bidding for the water service project was awarded to Environmental Construction Company with a total bid price of 27.1249 million yuan, including tax [1] - The transaction is classified as a related party transaction since Environmental Construction Company is an affiliate of Xingrong Environment [1] Group 2: Financial Performance - Environmental Construction Company is projected to generate revenue of 2.505 billion yuan and a net profit of 24.6761 million yuan in 2024 [1] - For the period from January to September 2025, the company is expected to achieve revenue of 1.691 billion yuan and a net profit of 19.066 million yuan [1] - Since the beginning of 2025, the cumulative related party transactions between the company and its affiliates amount to approximately 810 million yuan [1]
兴蓉环境:控股子公司招标新增2712.49万元关联交易