Core Viewpoint - Yuanhang Port (08502.HK) announced a contract with Zhongli Construction for equipment procurement and installation, valued at approximately RMB 29 million, aimed at upgrading outdated equipment and enhancing operational capabilities [1] Group 1: Contract Details - The contract was signed on January 20, 2026, between Chizhou Port Holdings (indirectly 72% owned by the company) and the contractor Zhongli Construction [1] - The total cost of the equipment construction work is approximately RMB 29,001,000 [1] Group 2: Purpose and Benefits - The equipment construction is necessary for upgrading the facilities at the Chizhou Jiangkou Port area, which involves phasing out outdated technology [1] - The upgrade will enhance the company's technical standards and allow it to benefit from national policy support [1] - Additionally, the construction will meet the planning and environmental requirements of the Jiangkou Port area, contributing to the long-term development of Chizhou Port Holdings' port operations [1] - This initiative is expected to improve the company's competitiveness in the inland port operator market in Chizhou, Anhui Province, China [1]

Core Viewpoint - The announcement highlights a contract between Chizhou Port Holdings and Zhongli Construction Group for equipment procurement and installation, valued at approximately RMB 29.01 million, aimed at upgrading the equipment at the Chizhou Jiangkou Port area [1] Group 1: Contract Details - The contract involves the construction of equipment for the Jiangkou Port area, including one ship loading system, two belt conveyors, one rear pit hopper, and a dust suppression system [1] - The contractor is responsible for manufacturing, installation, technical services, training, debugging, trial operation, and acceptance of the equipment [1] - The contractor also has obligations to repair any defects during the defect liability period as per the contract [1] Group 2: Strategic Importance - The equipment construction is necessary for upgrading outdated technology, enhancing the company's technical standards, and benefiting from national policy support [1] - The upgrades will meet the planning and environmental requirements of the Jiangkou Port area, contributing to the long-term development of Chizhou Port Holdings' port business [1] - This initiative is expected to improve the company's competitiveness in the inland port operator market in Chizhou, Anhui Province, China [1]