Core Viewpoint - The company, Hangxiao Steel Structure (600477.SH), has provided clarification regarding its recent contract win with Hangzhou Arrow Yuan Aerospace Technology Co., Ltd., indicating that the contract amount is relatively small and will not significantly impact its overall performance in 2024 [1] Group 1: Contract Details - The company has signed a joint agreement with Hunan Construction Group Co., Ltd., with a contract amount of 69.318792 million yuan (approximately 6.93 million) for the project [1] - The scope of work includes procurement, rust removal, anti-corrosion, manufacturing, and installation of steel structures, as well as construction of various components such as floor slabs, wall panels, and roofing [1] Group 2: Financial Impact - The contract revenue will be recognized progressively based on the performance progress of the contract [1] - The contract amount represents less than 1% of the company's audited revenue for 2024, indicating that it will not have a significant impact on the company's overall performance for the year [1] Group 3: Uncertainties - The company acknowledges potential uncertainties in contract execution due to unforeseen factors such as policy changes, market conditions, and environmental issues, which may affect timely or complete fulfillment of the contract [1]
杭萧钢构(600477.SH):杭州箭元航天科技有限公司相关工程项目对公司全年业绩不产生重大影响