CAMCE(SZ:002051) Sou Hu Cai Jing·2025-11-10 14:39Core Insights - Zhonggong International (002051) has signed a business contract with the Diwaniyah Health Bureau under the Iraqi Ministry of Health for the construction of a 100-bed hospital in Diwaniyah Province, Iraq, with a contract value of approximately 105.39 billion Iraqi Dinars, equivalent to about 57.12 million RMB, representing 4.68% of the company's projected total revenue for 2024 [1] Financial Performance - As of November 10, 2025, Zhonggong International's stock closed at 8.7 RMB, up 0.58% from the previous trading day, with a total market capitalization of 10.765 billion RMB [1] - The stock opened at 8.64 RMB, reached a high of 8.7 RMB, and a low of 8.61 RMB, with a trading volume of 96.73 million RMB and a turnover rate of 0.9% [1] Project Details - The hospital project will cover a construction area of approximately 30,000 square meters and will include medical buildings, supporting facilities, and the supply, installation, and commissioning of medical equipment [1] - The contract stipulates a maximum construction period of 1,095 days, indicating a significant commitment to the project timeline [1] Strategic Implications - This project is expected to have a positive impact on the company's operating performance over the next three years and will facilitate the company's market expansion in the healthcare sector in the Middle East [1]