Core Viewpoint - Beijing New Space Technology Co., Ltd. has signed a contract for the "Xiushan Hong'an Biancheng Cultural Tourism Integration Project," with a total contract value of RMB 141 million and a construction period of 150 calendar days [1]. Group 1 - The company announced the signing of the contract, which includes design, construction, and operation management under the EPC+O model [1]. - The contract price is stated to be RMB 141 million, including tax [1]. - The company indicated that revenue recognition will depend on the contract terms and accounting principles, leading to significant uncertainty regarding the impact on the company's performance for 2025 and future accounting periods [1]. Group 2 - Prior to this announcement, the company disclosed that it was awarded the project in collaboration with Sichuan Yuanjing Architectural Landscape Design Research Institute Co., Ltd. [1].

Core Viewpoint - The company has formed a consortium with Sichuan Yuanjing Architectural Landscape Design Research Institute Co., Ltd. to undertake the "Xiushan Hong'an Biancheng Cultural Tourism Integration Project" which includes design, construction, and operation management (EPC+O) [1] Group 1 - The company has signed a contract for the project with a total contract price (including tax) of 141 million yuan, which includes a design fee of 1.7293 million yuan [1] - The construction installation engineering fee is provisionally set at 82.6579 million yuan for the first phase and 56.9728 million yuan for the second phase, with the implementation of the second phase contingent on the operational results of the first phase [1] - There is uncertainty regarding the execution of the contract [1]