Core Viewpoint - The announcement provides an overview of Shandong Highway Bridge Group's operational performance for the second quarter of 2025, highlighting new orders, project progress, and financial metrics. Group 1: Order Situation - As of the end of the second quarter, the company had signed new orders totaling 175.5 billion yuan, with 144.2 billion yuan of uncompleted contracts remaining [1] - The total amount of signed but uncompleted contracts reached 129.3 billion yuan, indicating a robust order backlog [1] Group 2: Major Project Progress - Significant projects that are yet to be completed include the following: - The contract amount for the Linyi to Tengzhou highway project is 175.5 million yuan, with a project duration of 48 months and a progress rate of 97.93% [1] - The contract amount for the Gaoqing to Shanghe highway project is 142.2 million yuan, with a project duration of 36 months and a progress rate of 91.98% [2] - The contract amount for the Jinan Ring Expressway project is 237.8 million yuan, with a project duration of 1080 days and a progress rate of 87.95% [2] Group 3: Financial Metrics - The company reported a total revenue recognition of 144.2 million yuan from ongoing projects, with a total settlement amount of 129.3 million yuan [1][2] - The company has maintained a normal collection situation for project counterparties, indicating a stable financial environment [5]