TKRT(SH:688569) Shang Hai Zheng Quan Bao·2025-12-10 19:15Core Viewpoint - Beijing Tieke Shougang Rail Technology Co., Ltd. has announced the signing of significant contracts for the procurement of high-speed railway fasteners, totaling approximately 654.37 million RMB (including tax), which is expected to positively impact the company's operating performance in the future [2][22]. Group 1: Contract Details - The company has signed three contracts for the procurement of high-speed railway fasteners with a total contract amount of 654,374,737.37 RMB (including tax) [2][22]. - The individual contract amounts are as follows: - 254,860,116.41 RMB for the Weifang to Rizhao section [5] - 279,371,715.31 RMB for the Linyi section [5] - 120,142,905.65 RMB for the Jiangsu section [5] - The contracts will become effective upon signature by the legal representatives or authorized representatives of both parties and the affixing of official seals [2][9]. Group 2: Impact on Company Performance - The total contract amount represents 41.08% of the company's audited revenue for the fiscal year 2024 [22]. - The company anticipates that successful execution of these contracts will have a positive impact on its operating performance during the contract period [3][22]. - The transactions are considered routine business operations with related parties and are expected to not adversely affect the company's financial independence or performance [22]. Group 3: Counterparties and Relationships - The contracts are signed with entities controlled by China National Railway Group Co., Ltd., which is the actual controller of the company [6][8]. - The counterparties include: - Xiong'an High-speed Railway Co., Ltd. for the Weifang to Rizhao section [6] - China Railway Jinan Bureau Group Co., Ltd. for the Linyi section [7] - China Railway Shanghai Bureau Group Co., Ltd. for the Jiangsu section [8].