HJHS(SH:603616) Shang Hai Zheng Quan Bao·2025-11-03 18:09Core Viewpoint - Beijing Hanjian Heshan Pipeline Co., Ltd. has signed a procurement contract for reinforced concrete drainage pipes with China Nuclear Industry Huaxing Construction Co., Ltd., with a total contract value of RMB 206,796,333 (including tax) [2][3]. Group 1: Contract Signing Overview - The contract is for the procurement of reinforced concrete drainage pipes for the "China Nuclear Construction Zhongke Huaxing Infrastructure Division Land Drainage Project" [3]. - The total contract price is RMB 206,796,333 (including tax), and the products are consistent with the company's existing main products, falling within its regular business scope [3][17]. - The contract does not constitute a related party transaction or a major asset restructuring [3]. Group 2: Counterparty Information - The counterparty, China Nuclear Industry Huaxing Construction Co., Ltd., is a limited liability company with a registered capital of RMB 3,234.12 million [4][5]. - The company is controlled by the State-owned Assets Supervision and Administration Commission of the State Council, holding 73.0647% of its shares [5][6]. Group 3: Main Contract Content - The contract includes the supply of reinforced concrete drainage pipes of three specifications: DN3200, DN3000, and DN2800, for a total length of 13.3 km, including 8 working wells and 7 receiving wells [8]. - Payment will be made in stages, including advance payment, progress payments, and quality assurance funds [9]. - The delivery is scheduled to begin in January 2026 and continue until January 2028, with specific delivery locations designated by the counterparty [10]. Group 4: Impact on the Company - The contract amount represents approximately 26.29% of the company's audited revenue for the fiscal year 2024, indicating a significant positive impact on the company's revenue and profit during the supply period [17]. - The company possesses the necessary capabilities and conditions to fulfill the contract, ensuring that its business independence is not affected [17].