万德斯：中标芜湖市天门山污水处理厂三期扩建工程特许经营项目

Group 1 - The company, Wande (688178.SH), has been awarded the bid for the expansion project of the Tianmenshan Wastewater Treatment Plant in Wuhu, with an investment amount of approximately 379.63 million yuan [1] - The project will be executed under a BOT (Build-Operate-Transfer) model, with a concession period of 40 years and a construction period not exceeding 12 months [1] - Although the company has received the bid notification, the formal contract has not yet been signed, leading to uncertainties regarding the contract signing timeline and performance arrangements [1] Group 2 - The project has not yet commenced formal operations, and there are uncertainties regarding the wastewater treatment service fees and treatment volumes, which may impact the company's performance in 2025 and beyond [1]