浙江交科：下属子公司及联合体拟中标111.03亿元项目

Core Points - Zhejiang Jiaokao announced that its subsidiary, Zhejiang Jiaogong Group Co., Ltd., and Zhejiang Jiaogong Underground Engineering Co., Ltd. formed a consortium to participate in the bidding for the new urbanization construction project in the Yangzhou area along the Fuchun River [1] - The consortium has been announced as the first candidate for the project, which has a total estimated static investment of 11.103 billion yuan, with the company’s investment portion estimated at 4.793 billion yuan [1] - The project aligns with the company's strategic layout in its main business and is expected to enhance its investment-driven business, strengthening its market competitiveness and share in the Yangtze River Delta region [1] Financial Summary - The total estimated static investment for the project is 11.103 billion yuan, with the company’s investment portion comprising 4.793 billion yuan, which includes engineering costs of 1.670 billion yuan and other construction costs of 3.031 billion yuan [1] - The preliminary design estimate for the bidding entity's investment is 6.310 billion yuan [1] - The final investment amount will be determined based on the review or filing of the preliminary design estimates for each sub-project [1] Future Outlook - Successful implementation of the project is expected to have a positive impact on the company's future performance [1] - There remains uncertainty regarding the final award of the project and the signing of the contract [1] - The company will fulfill its information disclosure obligations based on the project's subsequent developments [1]